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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.
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
Mobile World continues to bet on Indonesia

Mobile World continues to bet on Indonesia

Electronics retailer Mobile World has underlined its commitment to Indonesia, saying it sees the same large potential for growth there as in Vietnam a decade ago.
April 9, 2023 | 09:02 pm PT
Top electronics retailers Mobile World and FPT Retail facing a rough year

Top electronics retailers Mobile World and FPT Retail facing a rough year

Mobile World is expecting revenues to mostly flatline this year while FPT Retail is anticipating halved profits as the electronics market continues to suffer the pangs of current economic strife.
March 27, 2023 | 07:42 pm PT
Vietnamese retailer Mobile World closes stores in Cambodia

Vietnamese retailer Mobile World closes stores in Cambodia

Mobile World, a major retailer of smartphones and electronics, is closing its Bluetronics smartphone and electronics chain stores in Cambodia in Q1.
February 17, 2023 | 06:49 am PT
Dragon Capital sells 6.6 million Mobile World shares

Dragon Capital sells 6.6 million Mobile World shares

Investment fund Dragon Capital sold 6.65 million shares of retail giant Mobile World last week, reducing its ownership from 10.12% to 9.67%.
January 4, 2023 | 08:09 pm PT
Mobile World profit to decline: chairman

Mobile World profit to decline: chairman

Retail conglomerate Mobile World’s profit is set to decline by 10% this year to VND4.4 trillion ($177.63 million) due to sluggish demand caused by global problems.
November 27, 2022 | 06:30 pm PT
Mobile World records 4% profit rise in 9 months

Mobile World records 4% profit rise in 9 months

Electronics retail giant Mobile World recorded a Jan-Sept profit of VND3.48 trillion (US$140.14 million), up around 4% year-on-year, with revenues surging more than 18% to VND102 trillion.
October 30, 2022 | 01:58 am PT
Grocery chain Bach Hoa Xanh to profit in Q4

Grocery chain Bach Hoa Xanh to profit in Q4

Bach Hoa Xanh is set to become profitable in the last quarter this year after closing 400 ineffective outlets in the first seven months, Mobile World Chairman Nguyen Duc Tai has said.
August 22, 2022 | 02:45 am PT
Mobile World to double charter capital with bonus issuance

Mobile World to double charter capital with bonus issuance

Electronics retail giant Mobile World is set to double its charter capital by issuing nearly 732 million bonus shares to existing shareholders at a rate of 1:1.
June 2, 2022 | 07:27 pm PT
VN-Index ends losing streak on blue chips gains

VN-Index ends losing streak on blue chips gains

Vietnam’s benchmark VN-Index closed 1.51 percent higher Wednesday to post its biggest gain in nearly two weeks, with no blue chips in the red.
April 13, 2022 | 01:49 am PT
Mobile World to sell 20 pct stake in grocery chain

Mobile World to sell 20 pct stake in grocery chain

Mobile World plans to sell a 20 percent stake in its grocery chain Bach Hoa Xanh in this or next year to expand its operation nationwide.
April 1, 2022 | 08:00 pm PT
Mobile World profits rise 8 pct

Mobile World profits rise 8 pct

Vietnam’s biggest electronics retailer, Mobile World, reported an 8 percent rise in profits to VND1.08 trillion ($47 million) in January-February.
March 29, 2022 | 05:26 pm PT
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