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Mobile World
Mobile World to list 2 electronics chains by 2030

Mobile World to list 2 electronics chains by 2030

Retail giant Mobile World Group plans to take its two electronics chains public, with initial public offerings (IPOs) and listings scheduled for 2030, executives have said.
Fire burns down electronics store in southern Vietnam, destroying 1,000 devices

Fire burns down electronics store in southern Vietnam, destroying 1,000 devices

Mobile World employee to receive $1,100 in average year-end bonus

Mobile World employee to receive $1,100 in average year-end bonus

How major retail players WinCommerce, Bach Hoa Xanh navigate Vietnam market

How major retail players WinCommerce, Bach Hoa Xanh navigate Vietnam market

The country’s two biggest retailers of consumer goods, WinCommerce and Bach Hoa Xanh, have differing growth strategies.
May 13, 2024 | 11:50 pm PT
Mobile World’s Indonesian stores each report $183,000 monthly sales

Mobile World’s Indonesian stores each report $183,000 monthly sales

Mobile World’s larger Erablue electronics stores in Indonesia earn average revenues of VND4.5 billion (US$183,100) a month.
January 28, 2024 | 08:58 pm PT
Mobile World caps grocery chain stake sale at 10%

Mobile World caps grocery chain stake sale at 10%

Grocery chain Bach Hoa Xanh, operated by electronics retail giant Mobile World, is set to sell a 5-10% stake to increase capital, down from an earlier plan to sell 20%.
January 19, 2024 | 11:45 pm PT
Mobile World chairman buys only 11% of registered share purchase

Mobile World chairman buys only 11% of registered share purchase

Mobile World Group chairman Nguyen Duc Tai bought only 11% of the one million MWG shares he has registered to purchase due to “unfavorable market conditions.”
December 8, 2023 | 04:36 pm PT
Foreign investors dump Mobile World as sales tumble

Foreign investors dump Mobile World as sales tumble

Foreign investors have been net selling MWG shares of electronics retail chain Mobile World for the last six months as the company’s earnings drop amid declining demand.
December 4, 2023 | 11:30 pm PT
Mobile World to close 200 unprofitable stores in Q4

Mobile World to close 200 unprofitable stores in Q4

Leading electronics retailer The Gioi Di Dong (Mobile World - MWG) has said it might close 200 stores with moderate sales this quarter.
November 26, 2023 | 08:05 pm PT
Mobile World's price war hits electronic retailers' profits

Mobile World's price war hits electronic retailers' profits

Leading retailer The Gioi Di Dong (Mobile World) has managed to increase its sales and market share after launching a price war early this year but at the cost of profits.
November 9, 2023 | 06:57 pm PT
Mobile World chairman picks up 1 million tumbling shares

Mobile World chairman picks up 1 million tumbling shares

Mobile World Group chairman Nguyen Duc Tai has registered to buy one million shares of the company after they fell to a three-year low.
November 4, 2023 | 08:23 pm PT
Singapore's GIC among bidders vying for stake in Vietnam's third-largest grocery chain

Singapore's GIC among bidders vying for stake in Vietnam's third-largest grocery chain

Singapore's sovereign wealth fund GIC is among investors vying to buy up to 20% stake in grocer Bach Hoa Xanh from Vietnam's retail giant Mobile World Investment.
September 27, 2023 | 10:52 pm PT
Electronic retailer Mobile World grows revenues in Indonesia

Electronic retailer Mobile World grows revenues in Indonesia

Erablue, the electronics retail chain of The Gioi Di Dong (Mobile World) in Indonesia, has increased its monthly sales to VND30 billion from VND17.5 billion (US$0.7 million) in the latter part of 2022.
September 17, 2023 | 08:30 pm PT
Home Credit, Mobile World aim for $2B in revenues via partnership

Home Credit, Mobile World aim for $2B in revenues via partnership

Home Credit and Mobile World have cooperated to provide special financial support for customers of Mobile World’s chains, including thegioididong.com, Dien May Xanh, and TopZone, from Aug. 16.
August 20, 2023 | 09:05 pm PT
Top electronics retailers Mobile World and FPT Retail see profits fall

Top electronics retailers Mobile World and FPT Retail see profits fall

Profits of both Mobile World and FPT Retail plunged over 90% year-on-year in the first quarter of 2023 as demand for electronics plummeted.
May 1, 2023 | 01:15 am PT
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