Sendo.vn

Sendo.vn
Company typeSubsidiary of FPT Corporation
IndustryE-commerce
Founded2012
Vietnam
HeadquartersHo Chi Minh City,
Area served
Vietnam
ParentFPT Corporation
Websitesendo.vn

Sen Do Joint Stock Company is a Vietnamese e-commerce retailer and online commerce platform. It is a subsidiary of Vietnamese software conglomerate FPT Corporation.[1]

Notable acquisitions

On 7 July 2014, Sendo acquired its rival, a Vietnamese e-commerce pioneer 123 Mua[2] from consumer technology company VNG Corporation[3] for VND10 billion ($US 469,500). 123 Mua's customer base reportedly included 30 million online shoppers. 34 million out of Vietnam's 90-million population use the Internet.[4] As of May 2015, 123 Mua (translated from Vietnamese as "123 buy") continues to operate as a separate website at 123mua.vn. In 2017, all traffic to 123mua.vn's domain was redirected to Sendo.vn.

In February 2020, the news raised up on a potential merger between Sendo and another rival, a Vietnamese B2C e-commerce Tiki.vn[5] Both companies rejected commenting on this matter.

References

  1. ^ "Sen Do Joint Stock Company". Bloomberg. Retrieved 2020-06-07.
  2. ^ Thi Bich Ngoc, Nguyen (2015-02-25). "Lazada, Sendo top Vietnam's e-commerce market in 2014". Deal Street Asia. Retrieved 2020-06-07.
  3. ^ Thi Bich Ngoc, Nguyen (2015-01-16). "Vietnam's top tech startups in consolidation mode". Deal Street Asia. Retrieved 2020-06-07.
  4. ^ Thuan, Quang (2014-07-10). "Vietnam's top Internet firm acquires local e-commerce pioneer". Than Hnien News. Archived from the original on July 13, 2014. Retrieved 2020-06-07.
  5. ^ Yuong Le, Thu (2020-02-10). "Tiki and Sendo in merger talks: report". KrASIA. Retrieved 2020-06-07.