Page 3 - Vincommerce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Vincommerce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Vincommerce Today - Breaking & Trending Today

Consortium led by Alibaba completes the injection of $400 million into Masan


Consortium led by Alibaba completes the injection of $400 million into Masan
13:53 | 14/06/2021
Masan Group Corporation (HSX: MSN) today announced the completion of a private issuance of 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a total cash consideration of $400 million.
Alibaba completes the injection of $400 million into Masan
The CrownX is Masan’s integrated consumer retail arm that consolidates its interests in Masan Consumer Holdings and VinCommerce. The transaction implies a pre-money valuation of $6.9 billion for 100 per cent of its equity, an equivalent of $93.5 per share. Masan now owns 80.2 per cent of the company. The signing of this transaction was first announced on May 18, 2021. ....

Republic Of , Phuc Long , Ngh An , Danny Le , Masan Group , Masan Consumer Holdings , Phuc Long Heritage , Phuc Long Kiosks , Crown X , M Amp A , குடியரசு ஆஃப் , புக் நீண்டது , ங் ஒரு , டேனி லெ , மசன் குழு , மசன் நுகர்வோர் ஹோல்டிங்ஸ் ,

Cost questions over foreign IPO intents


Cost questions over foreign IPO intents
08:00 | 28/05/2021
Nick Ainsworth - Chief marketing officer, Dragon Capital
As one of the largest conglomerates in the country, Masan is now making some big bets on its strategic approach towards the largest consumer ecosystem in Vietnam.Last week it said it was mulling over a potential initial public offering (IPO) for The CrownX – the integrated consumer retail arm that consolidates its interests in both Masan Consumer Holdings and VinCommerce.
Masan’s shares have roared to a high on the eve of Alibaba Group’s reported interest to invest in The CrownX. On May 18, Masan and a consortium led by Alibaba and Baring Private Equity Asia announced the signing of definitive agreements for acquisition of 5.5 per cent in The CrownX for a total of $400 million. ....

Republic Of , Nick Ainsworth , Singapore Government Fund , Ho Chi Minh Securities Corporation , Securities Commission , Masan Consumer Holdings , Alibaba Group , Sk Investment Vinai Pte Ltd , Bamboo Airways , Vietnam Last , Baring Private Equity Asia , Chi Minh Securities Corporation , State Securities Commission , Vinai Pte , Ardolis Investment , Foreign Ipo , Masan Group , Dragon Capital , குடியரசு ஆஃப் , நிக் ஐன்ஸஒர்த் , ஹோ சி மிந் பத்திரங்கள் நிறுவனம் , பத்திரங்கள் தரகு , மசன் நுகர்வோர் ஹோல்டிங்ஸ் , அலிபாபா குழு , மூங்கில் வானெறிக்குழுப்பெயர் , பாரிங் ப்ரைவேட் பங்கு ஆசியா ,

Masan partners Phuc Long to develop Phuc Long Kiosks at VinMart+ stores nationwide


Masan partners Phuc Long to develop Phuc Long Kiosks at VinMart+ stores nationwide
14:45 | 24/05/2021
Masan Group and Phuc Long will open Phuc Long Kiosks at VinMart+ stores
Phuc Long Heritage owns the Phuc Long brand, one of the leading tea and coffee brands in Vietnam. The purchase price of the transaction is $15 million.
As a part of the transaction, VinCommerce entered into a strategic cooperation agreement with Phuc Long to jointly develop Phuc Long Kiosks through a network of more than 2,200 VinMart+ stores nationwide. These Phuc Long Kiosks at VinMart+ will not only brings fresh and delicious tea and coffee drinks to 100 million Vietnamese consumers but also play an important part in converting each of the VinMart+ stores into a destination that satisfies the daily essential needs of consumers of all ages. ....

Republic Of , Phuc Long , Ngh An , Truong Cong Thang , Chi Minh , Boi Minh , Masan Group , Phuc Long Kiosks , Long Heritage , Lam Boi Minh , Phuc Long Heritage , Highlands Coffee , Coffee House , Long Kiosks , Lam Boi , Very Best , Phuc Long Kiosk , F Amp B , Convenience Store , குடியரசு ஆஃப் , புக் நீண்டது , ங் ஒரு , ட்ராஂக் காங் தங் , சி மிந் , மசன் குழு , மலைப்பகுதி கொட்டைவடி நீர் ,

South Korea's SK Group buys 16.3% stake in Vietnam's VinCommerce for $410 million


By Reuters Staff
1 Min Read
FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) - South Korea’s third-largest conglomerate, SK Group, said on Tuesday it has agreed to acquire a 16.3% stake in Vietnam’s VinCommerce, a retail affiliate of Masan Group, for $410 million.
SK Inc, formerly SK Holdings Co Ltd, as well as battery maker SK Innovation, SK Telecom, world’s second-largest memory chip maker SK Hynix and power generation firm SK E&S are participating in the deal through an investment unit focused on Southeast Asia. ....

Republic Of , Soult Ukpyolsi , South Korea , Cholla Namdo , Shailesh Kuber , Joyce Lee , Thomson Reuters Trust Principles , Sk Group , Masan Group , Sk Telecom , Sk Holdings Co Ltd , Sk Inc , Thomson Reuters Trust , Asia Pacific , Corporate Events , Semiconductors Trbc Level 4 , Semiconductors Nec Trbc Level 5 , Company News , Food Processing Trbc Level 4 , Food Processing Nec Trbc Level 5 , Oil Amp Gas Refining And Marketing Trbc Level 4 , Oil Amp Gas Refining And Marketing Nec Trbc Level 5 , Equity Stakes , Wireless Telecommunications Services Trbc Level 4 , Wireless Telecommunications Services Nec Trbc Level 5 , குடியரசு ஆஃப் ,