Online sales via Mada cards up 81% to SAR 8.2 bln in December 2021

14/02/2022 Argaam Special


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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