Lingo

Update news Lingo

Vietnam's online market: Some shut down, others pocket big money

VietNamNet Bridge - Many e-commerce floors have opened to great fanfare, while others have shut down quietly.

E-commerce's biggest rivals: S Korea, Thailand, China

VietNamNet Bridge - December 31, 2016 was the ‘first death anniversary’ of Deca, an e-commerce site. In 2016, Vietnam’s e-commerce witnessed the departure of another name – Lingo. Many stars in the market faded after a short time of burning bright.

Lingo.vn unexpectedly shuts down as investors pull out

VietNamNet Bridge - Foreign investor MAJ Invest has closed Lingo.vn, an e-commerce website, leaving 265 workers jobless. The owner has been criticized for disregarding the needs of Vietnamese workers.

E-commerce growth stumbles as some websites close

Lingo.vn, the Vietnamese e-commerce website which announced its ambitious plan to become No 1 in online sales, has shut down. Some others also have stopped their operation and many others are not doing that well.