E-commerce market sees many newcomersVietNamNet Bridge - The Vietnamese e-commerce market has become more crowded with powerful players such as Lotte, Alibaba, VNG, Vingroup, Aeon and The Gioi Di Dong. The Vietnamese e-commerce market has become more crowded with powerful players such as Lotte, Alibaba, VNG, Vingroup, Aeon and The Gioi Di Dong. The departure of many players from the e-commerce market after spending all of their money did not threaten daring investors. More and more newcomers have appeared in the market recently.On January 13, The Gioi Di Dong officially joined the e-commerce market with Vuivui.com. It incurred a loss of VND250 billion in the last 11 months after receiving investment capital from VNG.An analyst commented that e-commerce players still cannot find the way out of a deadlock.

Source: VietNamNet News February 21, 2017 01:07 UTC