Categories: Social Media News

E-commerce platform set to recover lost Malaysia Airports retail earnings

Retail stores at Kuala Lumpur International Airport.

Malaysia Airports Holdings has launched a travel retail e-commerce platform shopMYairports, aiming to recover some US$67 million from sales lost through its airport network due to passenger volumes plummeting.

Still smarting from the loss of $671 million in revenues from retail in the year prior to the advent of Covid-19, the airport operator is hoping for significant potential growth from the initiative, which is part of a broader Airports 4.0 plan for digital transformation to enhance passenger retail experiences and support the recovery of its airport retail tenants.

The move serves to allow consumers to buy travel-exclusive and duty-absorbed products online, having purchases delivered directly to their homes.

“The launch of shopMYairports is an important step in our journey to make our airports future-ready,” said group CEO Datuk Mohd Shukrie Mohd Salleh.

“As Malaysia’s main airport operator, we have to ensure that we remain agile and relevant while navigating within a fast-changing consumer landscape.”

Future services available on the platform are expected to include click-and-collect services, allowing travellers to pick up purchases at designated airport counters, and concierge services to deliver products to passengers’ boarding gate or aircraft seat.

 

Original Source

Social Media Asia Editor

Recent News

Android users lose at least $69,000 in less than 3 months to malware scams targeting seniors

SINGAPORE – Android users have lost at least $69,000 in less than three months to…

13 hours ago

Colgate turns toothpaste into a K-drama plot twist

Colgate Optic White Purple has launched “The Purple café”, an APAC-wide social-first campaign that expands…

13 hours ago

Are VPNs being banned in the UK? Everything you need to know ahead of Government decision

Social media accounts online are claiming the Labour Party will introduce a total VPN ban09:30,…

13 hours ago

Canva enters its anime era with tale of music and community

Canva Japan has launched its first-ever fully animated television commercial, leaning into anime-inspired storytelling and…

13 hours ago

Two taken to hospital, 28 evacuated after fire in Yishun HDB flat

SINGAPORE – Two people were taken to hospital after a fire at a Housing Board…

14 hours ago

CUHK ranks 18th in QS World University Rankings 2027

Advancement in international reputation, employer reputation, and global engagement HONG KONG SAR - Media OutReach…

14 hours ago