ACA Investments pours extra $100 million in retail and logistics opsACA Investments, Japan’s leading fund management company and an affiliate of Sumitomo Corporation, will spend $100 million on conducting M&A deals in the retail and logistics sectors in order to increase its presence in Vietnam. Bibo Mart is already dominating the baby and mom retail market. Starting out with only two stores in 2006, Bibo Mart now has 120 stores. Bibo Mart stores will be located in more than 18 cities and provinces, targeting locations that are densely populated and convenient for buyers. Over its 12 years of establishment and development, Bibo Mart is now the No.1 mother and baby chain in Vietnam and is valued at $140 million.


Source:   VietNamNet News
April 30, 2018 05:15 UTC