The Ministry of Entrepreneur Development and Cooperatives (MEDAC) has announced that it is developing an online shopping platform to compete with the likes of Lazada, Shopee and Alibaba. Known as ‘Online Market’, this new platform aims to provide Malaysians a more convenient shopping experience via the internet.
Minister Datuk Seri Wan Junaidi Tuanku Jaafar said that he has approached the Small and Medium Enterprises (SMEs) Corporation, the Cooperative Institute of Malaysia, and the Cooperative Commission of Malaysia to research on the implementation of the application. The minister also boldly claimed that local consumers will opt for Online Market over its aforementioned competitors when it is launched.
Kementerian Pembangunan Usahawan dan Koperasi akan bangunkan satu aplikasi penjualan dalam talian untuk kemudahan semua rakyat negara ini, yang akan menyaingi platform sedia ada seperti Lazada, Shopee dan Alibaba – Menterinya, Datuk Seri Dr Wan Junaidi Tuanku Jaafar pic.twitter.com/a6z81H8j8P
— BERNAMA Radio🇲🇾 (@bernamaradio) August 29, 2020
“Consumers will no longer need to shop at Lazada, Shopee or Alibaba due to their higher charges,” he said during a press conference earlier today. However, he did not elaborate on the expected benefits offered by Online Market to Malaysian consumers.
Commenting further, he added that he is quite confident that the new platform will be one of the largest online sales movements in the country. MEDAC has not revealed when Online Market is expected to launch.
(Source / Image: Bernama)