Top 5 Vietnam e-commerce platforms’ 2023 revenue grows 53% to $9.46 bln

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

Major e-commerce platforms in Vietnam post 23% growth to $2.6 bln in Q3

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

Tiktok Shop overtakes Lazada, becomes Vietnam’s second biggest e-commerce platform

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

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, 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 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 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 spends $79 mln on e-commerce sites buying toys in 2022

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

Shopee leads fashion sales on e-commerce platforms in 2022

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, 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