11street Launches ‘Shocking? Yes! Year-End Shopping Campaign

Press Room > 2017

The online marketplace expects fifty percent increase in gross merchandising vale (GMV) and cross border trading order during the campaign period. Owing to the competitive fray of the e-commerce in Malaysia, which has led to increase competition in the industry, according to 11street suggest that growth is imminent for local operators. 11street, Malaysia’s number two online marketplace, is driving initiatives to accelerate its business growth by introducing a plethora of local and international products to contribute to Malaysia’s e-commerce industry.

Chuljin Yoon, the chief operating officer said: “With the rapid digitalisation of economies, we are looking at a world of connected businesses. China, Japan, Korea and USA top the chart for active e-commerce penetration, so no doubt the Southeast Asian countries including Malaysia are a melting pot of opportunities for the e-commerce boom to take place.”

By collaborating with thousands of locally established and globally recognised brands, the launch of 11street’s year-end online shopping campaign, will introduce 100,000 lowest price guaranteed products and free shipping for purchase above RM29 under the Shocking Deal section beginning from November until December  31, with over thousands of sellers and international brands to shop from.

During the campaign, consumers will enjoy a range of products from global participating brands and consumer electronics and mobile tech accessories from more than 20 countries including the USA, Japan and Europe.