Mobile World reports $140 mln profit in 9 months

Mobile World reports $140 mln profit in 9 months

The Mobile World Investment Corporation recorded after-tax profits of VND3,483 billion ($140 million) in the first nine months of the year, up 4% year-on-year, fulfilling 55% of the year's plan.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Mobile World to sell 20% stake in $1.5 bln grocery retailer

Mobile World to sell 20% stake in $1.5 bln grocery retailer

Vietnamese retail giant Mobile World Investment Corp. is seeking the sale of up to 20% of its grocery unit Bach Hoa Xanh in a deal expected to value the chain at more than $1.5 billion.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Retail major MWG expects 50% online sales growth

Retail major MWG expects 50% online sales growth

With its Omni-channel retail strategy, Mobile World Investment Corporation (MWG) expects online sales to continue growing by 50% in 2022 and increase its contribution in total revenue to 15%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7