Malaysian DTC firm RPG Commerce's revenues halve in FY23; losses widen marginally

Malaysian DTC firm RPG Commerce's revenues halve in FY23; losses widen marginally

RPG Commerce co-founders Celine Choo, Melvin Chee, Nelson Ting, Elvin Chee, and Josh Lee.

Malaysia-based direct-to-consumer (DTC) startup RPG Commerce’s revenues nearly halved in 2023. However, losses increased only marginally as the company curbed expenses including advertising costs and cost of sales.

Edited by: Pramod Mathew