Online sales via Mada cards rise 89% to SAR 7.02 bln in September 2021

08/11/2021 Argaam Special

Illustrative image of online shopping


Online sales performed through Mada cards rose by 89% year-on-year (YoY) to reach SAR 7.02 billion in September.

 

The sales were performed through 31.8 million transactions, according to the monthly data issued by the Saudi Central Bank (SAMA).

 

Online Sales via Mada (SAR bln)

Period

2020

2021

Variation

January

1.72

4.38

+155%

February

1.63

4.17

+157%

March

1.79

5.31

+196%

April

3.00

5.56

+85%

May

3.72

5.74

+54%

June

3.73

5.89

+58%

July

3.63

6.33

+74%

August

3.33

6.87

+106%

September

3.72

7.02

+89%

October

3.85

--

--

November

4.21

--

--

December

4.50

--

--

 
 

The following table details e-commerce transactions through Mada cards:

 

E-commerce Transactions via Mada Cards (mln)

Period

2020

2021

Variation

January

6.87

19.91

+190%

February

6.64

20.42

+208%

March

7.29

25.84

+255%

April

12.67

25.57

+102%

May

18.16

27.93

+54%

June

17.24

26.40

+53%

July

15.34

29.28

+91%

August

14.82

29.86

+101%

September

16.19

31.77

+96%

October

16.96

--

--

November

17.96

--

--

December

20.18

--

 
 

 

Details and Historical Data of Consumer Spending

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