Online sales via Mada cards rise 54% to SAR 5.74 bln in May

11/07/2021 Argaam Special

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Online sales transacted through Mada cards leapt by 54% year-on-year (YoY) to reach SAR 5.74 billion in May.

 

The sales were performed through 27.9 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

+156%

March

1.79

5.31

+197%

April

3.00

5.56

+85%

May

3.72

5.74

+54%

June

3.73

--

--

July

3.63

--

--

August

3.33

--

--

September

3.72

--

--

October

3.85

--

--

November

4.21

--

--

December

4.50

--

--

 

 

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

+254%

April

12.67

25.57

+102%

May

18.16

27.93

+54%

June

17.24

--

--

July

15.34

--

--

August

14.82

--

--

September

16.19

--

--

October

16.96

--

--

November

17.96

--

--

December

20.18

--

--

 

For more data, visit Argaam Tools

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