Kredivo and DMX forge comprehensive strategic partnership

Kredivo and DMX forge comprehensive strategic partnership

A new partnership between Kredivo Vietnam and DMX aims to broaden consumer access to digital financing.
Same-store sales drive Dien May Xanh's first-half revenue

Same-store sales drive Dien May Xanh's first-half revenue

Dien May Xanh's first-half revenue rose 31 per cent to $2.61 billion, driven by strong same-store sales.
Dien May Xanh's IPO raises over $500 million

Dien May Xanh's IPO raises over $500 million

Dien May Xanh has raised over $500 million through its public offering, boosting its charter capital to $487.7 million.
Dien May Xanh plans $574 million IPO to fund regional expansion

Dien May Xanh plans $574 million IPO to fund regional expansion

Dien May Xanh, Vietnam's largest electronics retailer, is planning a $574 million IPO to fund regional expansion.
Dien May Xanh posts over $40,000 profit per hour in Q1

Dien May Xanh posts over $40,000 profit per hour in Q1

Dien May Xanh, Vietnam’s leading consumer electronics and home appliance retailer, recorded average profits of more than $40,000 per hour in the first quarter, as it accelerates ecosystem expansion ahead of a planned IPO this year.
Indonesia-Vietnam retail chain EraBlue targets $790 million by 2030

Indonesia-Vietnam retail chain EraBlue targets $790 million by 2030

Indonesia-Vietnam retail chain EraBlue aims for $790 million annual revenue by 2030, up from $148 million in 2025.
Dien May Xanh plans IPO in 2026

Dien May Xanh plans IPO in 2026

Electronics retail chain Dien May Xanh, under Mobile World Investment Corp, plans an initial public offering by selling 180 million shares, or a 16 per cent stake.
MWG's Bluetronics to reach triple the size of largest competitor in Cambodia

MWG's Bluetronics to reach triple the size of largest competitor in Cambodia

Bluetronics – Mobile World Investment Corporation (MWG)’s household electronic appliance chain in Cambodia, similar to the Dien may Xanh chain in Vietnam – will celebrate its 20th store by the end of September to then start gunning for 50 stores before the year is out.
Mobile World reports 45 per cent plunge in after-tax profit

Mobile World reports 45 per cent plunge in after-tax profit

The closing of hundreds of Mobile World stores during COVID-19 social distancing made the electronics retailer's after-tax profit drop by 45 per cent in April.
Can Bach Hoa Xanh turn the losing tides for Mobile World?

Can Bach Hoa Xanh turn the losing tides for Mobile World?

Mobile World is pinning its hopes on Bach Hoa Xanh to keep it afloat during the health crisis after it was forced to close Dien May Xanh and thegioididong.
Staff member of Dien May Xanh in Danang tests positive for COVID-19

Staff member of Dien May Xanh in Danang tests positive for COVID-19

A female staff of electronics retail chain Dien May Xanh in Danang has just tested positive for COVID-19 after communicating with two infected British tourists.
MWG predicts Bach Hoa Xanh may break even only next year

MWG predicts Bach Hoa Xanh may break even only next year

Mobile World Group (MWG) at a meeting with investors last week said Bach Hoa Xanh might break even later than expected.
Nguyen Kim numbers under wraps

Nguyen Kim numbers under wraps

The post-merger and acquisition business efficiency of Nguyen Kim Trading JSC remains uncertain, as more than three years after it engaged in an M&A deal with leading Thai retailer Central Group, it declines to share information about its business performance with the public.