E-wallet firms tussle for bigger slice of the pie

Recent mergers and acquisitions in Vietnam’s fintech industry indicate a strategic fight for e-wallet market share.

IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among the biggest tech mergers in history.

Mergers and acquisitions are becoming a favorite investment mode for foreign investors as reflected by the surge in transactions this year.

July 31, 2018 | 10:40 am GMT+7

Each share of PGBank will be converted into 0.621 HDBank share.

April 22, 2018 | 07:32 am GMT+7

The deal should allow Fujitsu to pour more resources into its profitable IT services operations.

November 02, 2017 | 05:29 pm GMT+7

L'Oreal sold The Body Shop for one billion euros ($1.1 billion).

June 27, 2017 | 04:34 pm GMT+7

Yahoo's chief executive Marissa Mayer resigned as Verizon finalized the $4.48 billion deal

June 14, 2017 | 11:42 pm GMT+7

As usual, foreign investors want to cash in on Vietnam’s low-cost manufacturing.

August 22, 2016 | 02:50 pm GMT+7

The move follows Opera's failed attempt at a public share offer.

July 18, 2016 | 04:17 pm GMT+7