Update news Tiki

Are Vietnam’s e-commerce platforms inferior to foreign competitors?

Some reports show that Shopee has left its rivals far behind, and that Tiki is competing equally with Lazada, while Sendo is in the fourth position.

Online shopping sees record growth, ranked 3rd in region

The total number of visits to online shopping apps in Vietnam reached 12.7 billion in the first six months of the year, the highest ever figure.

M&As are restructuring Vietnam's e-commerce field

After Tiki and Sendo complete their merger, the e-commerce market will be controlled by three big players – Tiki-Sendo, Lazada and Shopee.

Vietnam's e-commerce platforms Tiki, Sendo apply for merger

The merger will make the race in the e-commerce market more exciting.

E-commerce top players shrink to three

The e-commerce market is expected to witness competition between Tiki-Sendo, Shopee and Lazada, after Tiki and Sendo join under the same roof, slated for this year.

Pandemic shock therapy turns retailers towards omnichannel

The coronavirus pandemic has changed consumer shopping behaviour, prompting retailers to embrace online commerce to keep up with new trends.

Dual lightning strikes to turn Vietnam’s e-commerce equilibrium upside down

The e-commerce market is looking at two high-calibre developments with the merger of Tiki and Sendo and the entry of heavyweight competitor Facebook. 

Proposal to halt M&A a question of fine balance

Just a few days ago, Tiki and Sendo struck a hundred-million dollar deal that could redraw the landscape of the entire e-commerce industry,

Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?

Following the hottest M&A retail deal of Vingroup and Masan in early 2020, the merger of Tiki and Sendo is expected to make the competition in e-commerce industry fiercer.

Big Four in e-commerce keep taking on losses despite firm market presence

The "money burning" race in the local e-commerce scene is not over yet, with all Big Four competitors scampering to gain a larger market share.

Online shopping: no boom in first quarter as expected

Three out of four of the largest e-commerce sites saw the numbers of visits decreasing in Q1, a time when experts predicted would see a boom as the COVID-19 epidemic reached its peak.

Online retail activities boom in Vietnam during pandemic

Because of the pandemic, people have hesitated to go to crowded places and have increasingly bought many items online.

‘Stay at home’ campaign provides big benefits to e-commerce sites

Offline shops have become deserted as people are staying at home to prevent the spread of coronavirus. As a result, online shopping activities have become busier.

Online sales rise sharply amid pandemic

As Vietnamese are now favoring ‘contactless purchases’ in Covid-19, online sales have increased rapidly.

Vietnam’s e-commerce sees few benefits during Covid-19 crisis

While Amazon has had to recruit 100,000 more workers to satisfy orders, at Vietnam’s marketplaces, purchases remain weak except for face masks and hand sanitizers.

Shopee, Lazada struggle to dominate Vietnam’s e-commerce market

Shopee and Lazada have successfully controlled most of the Southeast Asian market. But in Vietnam, Tiki, Sendo and The Gioi Di Dong are preventing them from doing so.

VN e-commerce and fintech firms successfully call for huge capital in 2019

E-commerce and fintechs accounted for four-fifths of the total number of big calls for capital in 2019. The biggest deal was worth $300 million.

Vietnam’s e-commerce firms spend big money to fight foreign giants

If Tiki and Sendo successfully carry out the merger, the Vietnamese e-commerce market will be the playing field for three major players. Two of them, Lazada and Shopee, are foreign invested.

Trade Ministry fines online sellers hiking prices of face masks and hand sanitiser

Sellers hiking the prices of face masks and hand sanitiser on some e-commerce websites have been fined.

Tech companies looking global

Local tech platforms and startups aim to take on the world but doing so won't be easy.