Consortium led by Alibaba completes the injection of $400 million into Masan

Consortium led by Alibaba completes the injection of $400 million into Masan

Masan Group completed a private issuance of 5.5 per cent in The CrownX for a total cash consideration of $400 million.
E-commerce giants see accelerated cross-border e-commerce activities from Vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam

E-commerce giants see accelerated cross-border e-commerce activities from Vietnam amidst COVID-19 as Vietnamese goods are extending reach to global consumers.
Reasons behind the $400 million investment in The CrownX of Masan

Reasons behind the $400 million investment in The CrownX of Masan

The latest $400 million is just the initial capital in the broad plan of Masan to develop its tech-enabled retail and consumer system and expand its reach.
Alibaba leads $400 million investment in Masan Group's consumer and retail unit

Alibaba leads $400 million investment in Masan Group's consumer and retail unit

Alibaba Group and its partners are pouring $400 million into Masan Group's consumer and retail arm to help the Chinese e-commerce giant expand in the country.
Amazon and Alibaba persist with Southeast Asia ambitions

Amazon and Alibaba persist with Southeast Asia ambitions

Driven by digital advancements and the persistent import-export endeavours of domestic enterprises, two of the largest e-commerce platforms are bolstering their standing in Vietnam, with profits expected on both sides.
E-commerce realm requires roadmap

E-commerce realm requires roadmap

The growing demand for imported products in Vietnam and other markets will fuel runaway growth for cross-border e-commerce. However, the speed of expansion could also impose a burden on the government as it looks to efficiently supervise the fresh business model.
Chinese trade fair to take place in HCM City next month

Chinese trade fair to take place in HCM City next month

The Zhejiang Export Fair will be held in HCM City from December 3-5, showcasing the best products from the Chinese province.
Alibaba generates $74.1 billion in GMV during 2020 11.11 Global Shopping Festival

Alibaba generates $74.1 billion in GMV during 2020 11.11 Global Shopping Festival

Alibaba's 2020 11.11 Global Shopping Festival generated $74.1 billion in GMV during the 11-day campaign, an increase of 26 per cent compared to last year.
Alibaba 11.11 global shopping festival kicks off with impressive figures

Alibaba 11.11 global shopping festival kicks off with impressive figures

The 2020 11.11 Global Shopping Festival is now taking place with two shopping windows, doubling support to merchants and opportunities for consumers to shop.
Alibaba 11.11 global shopping festival is on horizon

Alibaba 11.11 global shopping festival is on horizon

Southeast Asian consumers, including those from Vietnam, will be able to enjoy Alibaba Group's 11.11 festival through the Lazada platform.
Alibaba fintech arm gets nod for record IPO listing in Hong Kong

Alibaba fintech arm gets nod for record IPO listing in Hong Kong

The financial arm of Chinese e-commerce titan Alibaba received Monday a green light from Chinese regulators to list in Hong Kong, according to data published online, another step towards the biggest IPO in history.
Indonesian government obligates global tech titans to obey tax duty

Indonesian government obligates global tech titans to obey tax duty

Tech titans can no longer ignore their tax obligations as more and more governments are taking a firmer grip, with Indonesia being the latest to join.
Ant Group, the silent investor in Vietnamese fintech, files for IPO in Shanghai and Hong Kong

Ant Group, the silent investor in Vietnamese fintech, files for IPO in Shanghai and Hong Kong

Ant Group has just announced its ambition to file for an IPO in Shanghai and Hong Kong.
Capital inflows to Southeast Asian startups up 91 per cent despite outbreak

Capital inflows to Southeast Asian startups up 91 per cent despite outbreak

Southeast Asian startups, especially e-commerce and fintech companies, have witnessed a significant increase in investment between April and June.
Vietnam’s e-commerce market to exceed $17 billion in 2023

Vietnam’s e-commerce market to exceed $17 billion in 2023

The Vietnamese e-commerce market is projected to grow at 16.3 per cent CAGR from $9.5 billion in 2019 to $17.37 billion in 2023, according to GlobalData.
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