Last-mile delivery services battle over market share

Last-mile delivery services battle over market share

Competition in Vietnam’s last-mile delivery sector has heated up further in 2020 with local players stepping up their game against overseas mainstays. 
Tech startups stay safe bet in ASEAN

Tech startups stay safe bet in ASEAN

Despite market gyrations, Southeast Asia and Vietnam especially remain on the radar of high-calibre foreign investors.
Tiki and Sendo see traffic plunge in second quarter

Tiki and Sendo see traffic plunge in second quarter

Tiki and Sendo experienced a fall in traffic over the second quarter of 2020, going against the online shopping trend fuelled by COVID-19.
Consumers beware of e-swindlers preying on fledgling cashback apps

Consumers beware of e-swindlers preying on fledgling cashback apps

While cashback is considered a strong method to encourage cashless payments, numerous websites and apps are taking advantage of uninformed consumers with untransparent and illegal multi-level marketing models.
Vietnam keen on encouraging ASEAN e-commerce solutions

Vietnam keen on encouraging ASEAN e-commerce solutions

In light of a boom in e-commerce across Southeast Asia, Vietnam as the ASEAN chair in 2020 is determined to encourage the growth of cross-border e-commerce across the region.
Diversity and convenience the way ahead in retail

Diversity and convenience the way ahead in retail

Vietnam’s retail market has become a shining spotlight in the ASEAN against the backdrop of disruptions caused by the current coronavirus pandemic.
VNG maintains investment in Zion to keep at e-payment race

VNG maintains investment in Zion to keep at e-payment race

Despite mounting losses at Zion, VNG remains adamant about maintaining its ownership at the e-payment firm to remain in this promising market.
Southeast Asian companies to accelerate IPO plans

Southeast Asian companies to accelerate IPO plans 1

Southeast Asian tech and consumer durables companies are mulling over applying for IPO in 2020 while startups in Vietnam are looking at choppy waters.
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.
COVID-19 hampers IPO plans of local startups

COVID-19 hampers IPO plans of local startups

The COVID-19 lockdown has forced local tech startups to put their plans of staging initial public offerings on hold.
Tiki and Sendo cancel merger deal

Tiki and Sendo cancel merger deal

Tiki and Sendo have given up on their merger after failing to bring together shareholders as COVID-19 has pushed investors to adopt a more risk-averse stance.
Foreign shareholders keep occupying major stakes in e-commerce platform Tiki

Foreign shareholders keep occupying major stakes in e-commerce platform Tiki

Together with increasing its capital in May, foreign shareholders of local e-commerce platform Tiki raised their ownership rate to more than 54.5 per cent.
Dual lightning strikes to turn Vietnam’s e-commerce equilibrium upside down

Dual lightning strikes to turn Vietnam’s e-commerce equilibrium upside down

The e-commerce market is looking at two high-calibre developments with the merger of Tiki and Sendo and the entry of heavyweight competitor Facebook. While  the merger would consolidate the two parties into a major competitor, it may hit a roadblock by breaking antitrust regulations – Facebook’s entry, however, is sure to rearrange the landscape.
Tiki hard-pressed to whip up new investment

Tiki hard-pressed to whip up new investment

Tiki's merger with Sendo and listing on the local stock exchange could be solutions to the increasing difficulties in mobilising investment.
Proposal to halt M&A a question of fine balance

Proposal to halt M&A a question of fine balance

Just a few days ago, Tiki and Sendo struck a hundred-million dollar deal that could redraw the landscape of the entire e-commerce industry, highlighting that the mergers and acquisitions market remains vibrant – which the Vietnam Chamber of Commerce and Industry would temper through a new proposal to delay for a while.
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