Malaysia: An Untapped Ecommerce Opportunity?

I have a guest post published at Zippy Cart weeks ago, so here it is for those who have missed it.

It was the first time in history that a Malaysian company made headlines at TechCrunch last December. Friendster, the granddaddy of social networks has been acquired by MOL Global, a Malaysian e-commerce (payment) company.

How much do you know about Malaysia?

Malaysia is a country in Southeast Asia which comprises many ethnic groups, with Malays being the majority followed by Chinese, Indians and others. Our multi-ethnic, multi-cultural background also makes us a unique multi-lingual society. A typical Malaysian is usually literate in 2 -3 languages (or more). English is arguably the common language used on the Internet here as many western sites or services are popular and frequently accessed. Some of us are also accustomed to sites from China, Taiwan, Indonesia or even India.

7 Reasons to Shop Online

Generally, Malaysians are skeptical or reluctant to shop online due to security concerns among many. We lack smart consumers, as suggested by Danny Foo.

Air Asia did a great job in our e-commerce education. Desperately in need of bargain air tickets? Learn how to shop online and brace yourself by entering the credit card numbers. We need more major players like them, to instill and encourage the online shopping habit into our populations.

Nevertheless, let's not limit ourselves to online ticketing or reservation (airline / hotel / movie). I am not saying that you gotta buy everything online but here are the reasons that you can look forward, especially for Malaysians who never experience buying physical goods online.

I love online shopping!

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