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E-commerce giants struggle to find profit in Vietnamese market
Some companies have been forced to shut down due to prolonged losses.
Tiki.vn attracts investors despite $26 million in accumulated losses
The rapid growth of e-commerce in Vietnam has not translated into profits for leaving local brands, but they continue to get huge investment.
E-commerce booms in Vietnam but top firms stay in the red
The Vietnamese e-commerce market is posting double digit growth and its potential has top firms ignoring their bottom lines, for now.
July 16, 2018 | 04:51 pm PT
Two Vietnamese among top 30 Southeast Asia tech startup founders
Le Hong Minh and Tran Ngoc Thai Son have made TechInAsia’s top 30 tech startup founders’ list for Southeast Asia.
August 29, 2018 | 08:19 pm PT
American entrepreneur finds Vietnam the right place at the right time
Erik Frankel has perfectly timed a business that works with small Vietnamese businesses to reap the benefits of e-commerce.
September 4, 2018 | 05:51 pm PT
E-commerce giants rake in losses as market share war continues
In for the long haul, online retailers are willing to ignore losses, focusing on promotions to attract more customers.
September 4, 2018 | 09:29 pm PT
Gaming firm VNG’s profits fall 52 pct in 9 months
Vietnamese online gaming giant VNG has reported Jan-Sept 2018 profits of VND152 billion ($6.5 million), a 52 percent year-on-year slump.
November 6, 2018 | 04:30 am PT
Chinese Singles’ Day courts Vietnamese consumers
Promoted by Alibaba in China for more than 10 years, Singles’ Day is now courting Vietnam with great fervor.
November 8, 2018 | 11:56 pm PT
Online Black Friday runs lackluster campaign
Online Black Friday retailers failed to enthuse customers with usual discounts, while brick and mortar stores saw heavy traffic.
November 23, 2018 | 10:33 pm PT
Four Vietnamese in Forbes’ 30 Under 30 Asia 2019
Forbes' 30 Under 30 Asia list for 2019 includes Vietnamese entrepreneurs in investment, recruitment, marketing and e-commerce.
April 3, 2019 | 11:01 pm PT
Tiki sees music video as route to e-commerce dominance
Tiki, which is locked in a fierce battle with other e-commerce giants, is looking at a new strategy to attract more customers: music videos.
June 2, 2019 | 08:46 pm PT
Quick delivery, entertainment: e-commerce players focus on differentiation
Tiki is pouring money into warehousing and Lazada is live-streaming videos on social media as competition intensifies in Vietnam’s e-commerce market.
July 1, 2019 | 09:55 pm PT
Vietnam e-commerce: Lazada user numbers fall, Shopee, Tiki in front
Online shopping platform Lazada is struggling to gain users while Shopee and Tiki remain leaders as competition tightens in the e-commerce market.
July 18, 2019 | 05:06 pm PT
Chinese giant becomes biggest shareholder in e-commerce platform Tiki
China’s JD.com has overtaken gaming firm VNG Corp to become the largest shareholder of leading Vietnamese e-commerce platform Tiki.
August 5, 2019 | 02:11 am PT
Tiki acquires ticket selling startup
E-commerce firm Tiki has acquired ticketing startup Ticketbox to have a foot in Vietnam's entertainment industry as it seeks to attract more online shoppers.
August 21, 2019 | 05:43 pm PT
Gaming firm VNG loses entire investment in Tiki
E-commerce platform Tiki’s losses have wiped out a total of VND506 billion ($22 million) gaming firm VNG had invested in it.
September 12, 2019 | 05:12 pm PT
Tiki signs loan deal with foreign fund
International debt finance fund Innoven Capital has announced credit deals with e-commerce company Tiki and UP Co-working Space.
September 15, 2019 | 04:39 pm PT
Vietnam’s web-based shopping growth second highest in Southeast Asia
H1 e-commerce traffic growth in Vietnam was the second highest in Southeast Asia at 11 percent, a report has found.
September 26, 2019 | 05:00 pm PT
Lazada, Tiki locked in delivery speed race
Giants Lazada and Tiki are racing to reduce their delivery times as competition heats up in Vietnam’s e-commerce market.
October 19, 2019 | 02:00 am PT
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