KUALA LUMPUR: Malaysia is among the fastest-growing exporters selling into China’s Tmall Global, a cross-border business-to-consumer (B2C) retail platform of Alibaba Group’s Tmall.com.
The recently released 2017 Tmall Global Annual Consumers Report showed that Malaysia was the seventh fastest-growing exporter in Tmall Global after niche countries such as Greece, Chile, Poland, Hungary, Spain, Brazil, Austria, Israel, and Denmark, measured by year-on-year growth.
“The most popular Malaysian product categories are food products, coffee, and mother and baby products such as strollers and prams,” it said in a statement today.
Niche countries are countries whose sales on Tmall Global accounted for at least 0.02 per cent of total sales on the online platform.
Meanwhile, the report said that Tmall Global maintained its position as the largest B2C e-commerce platform for imported products in China, with a market share of 27.6 per cent in the fourth quarter of 2017.
