AI Summary
Online sales achieved through Mada cards surged by 81% year-on-year (YoY) to reach SAR 8.16 billion in December 2021.
The sales were made through 39.8 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 |
7.17 |
+86% |
|
November |
4.21 |
7.72 |
+83% |
|
December |
4.50 |
8.16 |
+81% |
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 |
33.78 |
+99% |
|
November |
17.96 |
37.08 |
+106% |
|
December |
20.18 |
39.83 |
+97% |
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