Malaysia

The company won the Sustainability Initiative of the Year - Malaysia.     

The WCT Malls Management receives the Marketing Initiative of the Year - Malaysia award for launching a groundbreaking initiative that not only sustained its tenants but also provided shoppers with substantial savings.

The online retailer brings its internet-based shopping experience and brand savvy to the real world with a new pop-up store in Malaysia.

With a 50% expansion, it increased its capacity to house 7 million items. 

It plans to have 300 halal-certified FamiCafé by 2025.

The event will take place at Impiana KLCC in Kuala Lumpur.

Introducing a tax on luxury items may send Malaysian consumers, tourists flying off on shopping sprees abroad.

Shoppers look for pre-loved, warehouse clearance, and demo unit items.

This could deter both foreign and local consumers from shopping in the country

The company wants to focus on expanding its health and beauty business.

Sellers in the health and beauty category are the most optimistic.

More than 145,ooo stores achieved a 25% growth in sales. 

It is expected to reach $23.5b in 2026. 

This followed announcements to introduce BNPL services in Malaysia.

This is despite the reopening of physical stores. 

Participants in the program were encouraged to sell on the Lazada marketplace.