More money has been injected into the e-commerce market, while leading e-commerce firms have expanded.
Online sellers now are not fighting for profit but for market share, analysts say.
Flush with fresh investments, e-commerce operators and delivery firms are ramping up expansion efforts to change the landscape of e-commerce logistics in Vietnam. However, there is still a need to bridge the gap between logistics and the fast-growing e-commerce community.
Three giant e-commerce corporations, Alibaba, Tencent and JD.com of China, have arrived in Vietnam.
Tiki has received a hefty investment, Shopee is marching forward in midst of victory, Lazada has resources from Alibaba, and Cho Tot has new ambitions.
Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?
Foreign companies are increasingly jockeying for position in Vietnam’s promising online retail market by pouring capital into local companies.
JD.com, China’s largest retailer, has gained another foothold in Southeast Asia with its strategic investment in Tiki, Vietnam’s leading B2C e-commerce platform.
China's JD.com Investment on January 16 announced that it will become one of Tiki’s largest shareholders after its strategic investment in Vietnam’s leading B2C e-commerce platform.
