Online sales via Mada cards rise 106% to SAR 6.87 bln in August 2021

06/10/2021 Argaam Special

Illustrative image of online shopping


Online sales performed through Mada cards soared by 106% year-on-year (YoY) to reach SAR 6.87 billion in August 2021.

 

The sales were performed through 29.9 million transactions, according to the monthly data issued by the Saudi Central Bank (SAMA).

 

Online Sales via Mada Cards (SAR bln)

Period

2020

2021

Variation

Jan.

1.72

4.38

+155%

Feb.

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

+75%

Aug.

3.33

6.87

+106%

Sept.

3.72

--

--

Oct.

3.85

--

--

Nov.

4.21

--

--

Dec.

4.50

--

--

 
 

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

 

E-commerce Transactions via Mada Cards (mln)

Period

2020

2021

Variation

Jan.

6.87

19.91

+190%

Feb.

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%

Aug.

14.82

29.86

+101%

Sept.

16.19

--

--

Oct.

16.96

--

--

Nov.

17.96

--

--

Dec.

20.18

--

 

 

 

Details and Historical Data of Consumer Spending

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