Top 5 Vietnam e-commerce platforms’ 2023 revenue grows 53% to $9.46 bln
Top five e-commerce platforms in Vietnam – Shopee, Lazada, Tiki, Sendo, and Tiktok Shop – recorded total revenues of VND232.1 trillion ($9.46 billion) in 2023, up 53.4% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AES, Citi, CocaCola, Dow Chemical, ExxonMobil, Meta win AmCham CSR awards
The American Chamber of Commerce (AmCham) has recognized 33 members for carrying out high quality, sustainable corporate social responsibility (CSR) programs in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major e-commerce platforms in Vietnam post 23% growth to $2.6 bln in Q3
Five of the leading e-commerce platforms operating in Vietnam, namely Shopee, Tiktok Shop, Lazada, Tiki and Sendo, recorded a combined revenue of VND63.23 trillion ($2.58 billion) in the third quarter of this year, up 22.7% from Q2, according to a new report by local e-commerce analyst Metric.vn.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s green push sparks e-bike race
Vietnam is witnessing a fierce race among producers of electric bikes and e-scooters as the country gears up to go green and meet its 2050 carbon neutrality target.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tiktok Shop overtakes Lazada, becomes Vietnam’s second biggest e-commerce platform
Tiktok Shop surpassed Lazada to become the second biggest e-commerce platform in Vietnam in the second quarter of 2023, after Shopee, according to local e-commerce analyst Metric.vn.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Expanding foreign e-commerce firms outperform Vietnamese rivals
Foreign-invested firms in the Vietnamese e-commerce sector have taken control of the market, placing heavy pressure on their homegrown competitors.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shopee, Lazada dominate e-commerce in Vietnam
Shopee and Lazada have been named the top e-commerce platforms in Vietnam in terms of gross merchandise volume (GMV) and social media presence, according to reports.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's top e-commerce platforms record $1.66 bln revenue in Q1
Vietnam’s leading e-commerce platforms Shopee, Lazada, Tiktok Shop, Tiki, and Sendo posted a total revenue of VND39 trillion ($1.66 billion) in the first quarter of 2023, up 21.8% year-on-year, according to local e-commerce analyzer Metric.vn.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam e-commerce market to grow 25% this year
Vietnam's e-commerce sector could grow by up to 25% this year to $20 billion, the Vietnam E-commerce Association (Vecom) said.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam e-commerce can reach $32 bln, shoppertainment $8 bln in 2025
The e-commerce market in Vietnam can reach $32 billion in 2025, while the shoppertainment section can grow to $8 billion, according to reports by Lazada and TikTok Shop, among the most popular e-commerce platforms in Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam spends $79 mln on e-commerce sites buying toys in 2022
Vietnamese people spent VND1,860 billion ($79 million) last year on buying 24.97 million kids toys on Shopee, Lazada, Tiki, and Sendo, the most popular e-commerce sites in the country, according to a report of Metric, a local e-commerce analyzer.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Tiki sees fiscal year 2022 net loss exceed $116 mln
Vietnam’s largest homegrown e-commerce site Tiki has reported a net loss of $116.25 million in the fiscal year that finished on March 31, 2022.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shopee leads fashion sales on e-commerce platforms in 2022
The revenue of fashion products on e-commerce platforms in Vietnam reached VND20.87 trillion ($888 million) in 2022, up 47.8% year-on-year, of which Singapore-headquartered Shopee accounted for 87.47%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shopee, Lazada, Tiki, Sendo named leading e-commerce platforms in 2022
Shopee, Lazada, Tiki, and Sendo were the leading e-commerce platforms in Vietnam this year in terms of revenue, according to a report by Metric, a local e-commerce analyzer.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shopee, Tiki, Lazada to not pay taxes on behalf of sellers
E-commerce platforms like Shopee, Tiki, and Lazada must provide information on seller revenue to tax authorities instead of paying taxes on their behalf as previously proposed.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Shopee, Tiki, Lazada to pay taxes on behalf of sellers
E-commerce platforms like Shopee, Tiki, and Lazada will declare and pay taxes on behalf of partner sellers, according to a Ministry of Finance proposal.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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