We have done a compilation of group buying sites and online grocery business in Malaysia. Now, let's do a compilation of online shopping mall in Malaysia.

Our focus here is a B2B2C model, or marketplace where merchants can list their product in the e-mall.

Mall operator in this case charge store rental and / or transaction commission from the merchants.

Arguably nobody has hit the success level yet (as in the level of Rakuten in Japan) as merchandising, merchant acquisition, investment to acquire customers, shopping experience are among the many challenges to make it a successful one.

Nevertheless, here are a few established players in the local market, feel free to suggest any addition to the list in the comment.

Local e-commerce industry seems to be heating up lately. After the just concluded e-commerce fair, we have another event coming up in October...

Bring on the Asia E-Commerce Conference!



Date: 4-5th October 2011
Venue: The Gardens Hotel & Residences Kuala Lumpur

The first ever e-commerce fair in Malaysia had just been concluded last Sunday. Here are some photos and short updates especially for those who didn't manage to attend.

Before we start, here are some facts & figures of Lelong.my.
- Incorporated since: 1998 by 2 founders
- Total employees now: 30+
- No of registered members: 800,000
- No of registered sellers: 10,000 (around 2,000 sign up for online stores)
- Monthly visitors: 3 million
- Monthly transaction: RM 8 - 10 million

Q: How did Lelong get started?

A: I joined Cyber Village as a Web Business Manager under Tony Pua in 1997, selling shopping cart solution and you know, it's not easy to do so in 1997!

Then, I started buypc.com.my (you can call it a predecessor of Lelong), a platform for people to easily browse price list for computer hardware, and trade second hand goods. Techie people are used to newsgroup during that time, so I invited a lot of people from there to use buypc.com.my.

Here's a press release from MyDEAL, key figures highlighted in yellow.

MyDEAL.com.my retains its number 1 spot as one of the most visited websites

After only one year of its inception, MyDEAL Sdn Bhd is proud to announce that it still reigns as the number one online group buying company in Malaysia. According to an internet research website, Alexa.com, MyDEAL has joined in the top 60 websites with most traffic in Malaysia, and emerged as the most visited website compared to other online group buying companies in the country.

Its co-founder and Chief Executive Officer, Jan Croeni started this e-commerce company with 5 staff in early 2010, and now it’s almost 100 strong. MyDEAL has also recorded another milestone by generating almost RM 2mil in revenue/ month, a formidable feat for any medium-sized Malaysian e-commerce company.

I have participated in group buying or deal sites as both a consumer and a merchant. Here's my experience and observations from both perspective.



Consumer

Have you been subscribing to a bunch of deal sites? Probably you have unsubscribed from some of those, as it started to look like familiar, boring marketing / advertising messages bombarded during the pre-group buying era.

Bought some of the deals but never / forgotten to redeem it, sounds familiar? You then slowly realize that those were impulse buying, unnecessary spending - buying things that you don't really need it.

If you are in e-commerce industry, you simply can't miss this event! Lelong.my will be organizing the first ever e-commerce fair in Malaysia this August at Mid Valley Exhibition Center.

 

If you are an online entrepreneur, start-up or business owner, get a 2m x 2m booth from only RM 1,500 for the 3-days event! It's even cheaper if you are a Lelong.my Store member, only from RM 900!

As for corporate exhibitors, rates start from RM 3,500 (early bird discount) for a 3m x 3m booth. This will be suitable for e-commerce solution, e-payment, hosting providers etc. Check out the floor plan to reserve your preferred location.