Ecommerce Visitor Tracker September 2025: Are Malaysia’s marketplaces hitting a slowdown?

The latest data paints a worrying picture. Shopee Malaysia’s visitors dropped by -2.93% YoY, while Lazada managed a modest +9.6% growth, still under the double-digit mark.
It feels like the golden age of marketplace growth might be cooling off. Shopee’s decline could signal market saturation or shifting consumer behavior, while Lazada’s slight rise might be fueled by Taobao’s deeper integration or a few successful campaign pushes.
Still, when even Lazada’s growth dips below 10%, it suggests we’re entering a mature phase of ecommerce where retention, differentiation, and ecosystem play matter more than traffic alone.
What’s your take? Are we seeing a correction after years of explosive growth, or the calm before a new wave of innovation in ecommerce?
This report is powered by website traffic analytics. Always remember that there may be slight variations from real-time statistics.






