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E-commerce site Sendo raises $61 million

The investment represents Sendo’s largest funding round to date

InnoVen Capital backing Vietnam’s Tiki and UP Co-working Space

Apart from Tiki and UP Co-working Space, the Asia-focused venture debt provider is also working on a few more deals in Vietnam.

E-commerce platform Tiki acquires online ticketing startup Ticketbox

Tiki Investment, a subsidiary of Tiki, has bought over local ticketing startup Ticketbox, as part of an attempt to build an ‘all in one’ e-commerce ecosystem in Vietnam.

Losses in startups must be taken as a given

It is totally normal for startup businesses to make losses in the early years, as long as investors see a light at the end of the tunnel for these to reach profitability at a point in the future.

VNG Corporation surpasses JD.com after purchasing Tiki's additional shares

Spending over $5.1 million to buy Vietnamese online retailer Tiki's shares, VNG now holds a 29 per cent stake, eight per cent higher than that of the second shareholder JD.com.

Top e-commerce sites cope with accumulated losses despite bright spots of investment

Accumulated losses from leading e-commerce websites such as Lazada, Tiki, Shopee or Sendo are on the sharp rise, mainly due to the high sales expenses and in some cases, high management expenses.

Breaking turns for local online retailer Tiki: to go public or to be acquired

One of Tiki's leaders said that in the next three to five years, the company would probably have to decide to either take initial public offering or be acquired by another company.

US$291 million invested in Vietnamese startups

The number of startups invested doubled after one year, reaching 92 enterprises.

China’s largest retailer invests in Tiki to add Vietnam to its growing Southeast Asia presence

JD.com, China’s largest retailer, announced it has gained another foothold in Southeast Asia with its strategic investment in Tiki, Vietnam’s leading B2C e-commerce platform.

Stock indexes
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Volume: 49,000,000 Value: 416 (Billions VNĐ)
841.26 9.42 1.13
Volume: 94,000,000 Value: 2,514 (Billions VNĐ)