Selangor Journal
Selangor Information Technology and Digital Economy Corporation (Sidec) chief executive officer Yong Kai Ping speaks during a press conference after the AI Nusantara inaugural graduation ceremony at Double Tree Hilton Hotel in Shah Alam, on January 18, 2024. — Picture by AHMAD ZAKKI JILAN/SELANGORKINI

Sidec’s e-commerce awards generate RM250 mln in total merchandise sales

By Yasmin Ramlan  

SHAH ALAM, Feb 22 — The Malaysia Top E-Commerce Merchant (ECM) Awards organised by the Selangor Information Technology and Digital Economy Corporation (Sidec) has generated an impressive RM258 million in total gross merchandise value (GMV) over the past six years. 

This feat was revealed by Sidec chief executive officer Yong Kai Ping in his welcoming speech at the Top ECM Awards 2024 launching ceremony at Selangor Sandbox, here, today. 

“The awards has played a pivotal role in the e-commerce landscape, generating a GMV of RM258 million over the past six years. 

“Since 2018, the event has received over 2,000 applications by merchants seeking to participate, with about 50 per cent of them qualifying,” he said. 

The awards enters its ninth edition this year, having recognised over 80 merchants as winners and finalists in the past, including renowned brands like Russell Taylors, E-Ticketing, Samu Giken, Fipper, and Siti Khadijah. 

Application for this year’s Top ECM Awards is open from February 1-29, with the main ceremony to be held in May.

Several categories will be up for contention, including the Main Category, Selangor Category, Affin Bank (Special Category), Lazada (Special Category), and the prestigious Affin Bank Special Award.

According to Yong, the Top ECM Awards 2024 will feature several new elements aimed at empowering participants with essential knowledge and skills. 

These include e-commerce training sessions focusing on live streaming techniques, artificial intelligence-driven content creations, strategies for marketing campaigns, and industry visits. 

“This year, we aim to bring together catalytic small and medium enterprises, local merchants, and related industry players,” he said, urging potential businesses to seize the opportunity by registering at before the month-end deadline. 

Merchants stand a chance to win cash prizes totalling RM100,000. 

Meanwhile, Yong announced that Affin Bank will remain the event’s main sponsor for the fifth consecutive year, marking a milestone in the state’s efforts to empower the e-commerce industry. 

“We extend our heartfelt gratitude to Affin Bank for its continuous commitment to Sidec and our programmes. The bank’s steadfast support is crucial in the growth and success of the Top ECM Awards over the years,” he said. 

Yong also welcomed new strategic partners for this year’s event, namely Lazada (strategic e-commerce partner), Razer Merchant Service (strategic payment partner) and Shopline (strategic webstore partner). 

He said these partnerships underscore the joint commitment to fostering collaboration and innovation within the e-commerce community, empowering merchants to excel in today’s competitive market. 

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