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Vinshop

VinShop set to become Vietnam’s next unicorn

June 24, 2022 by vir.com.vn Leave a Comment

Tokopedia is a combination of Toko (shop) and encyclopedia. It adopts a similar business model as e-commerce giant Alibaba. Tokopedia is a shopping platform where every business can easily arrange and sell its products. As of June 2020, Tokopedia recorded a valuation of up to $7 billion and became the third-largest unicorn in Southeast Asia, trailing behind Grab (Singapore) and GoJek (Indonesia), according to CB Insights. Tokopedia is successful in bringing technologies into grocery stores in Indonesia In 2018, Tokopedia unveiled its ambitious plan to penetrate Indonesia’s economy worth $1 trillion, which is the largest economy in Southeast Asia. It launched Mitra Tokopedia for the owners of warung (a small family-owned business) or outdoor grocery stalls serving their neighbourhoods. Mitra Tokopedia has recorded one million downloads with 2 million warung in the island nation. Mitra Tokopedia not only connects grocery owners with suppliers but also removes … [Read more...] about VinShop set to become Vietnam’s next unicorn

Filed Under: Corporate VinShop, Tokopedia, Corporate

VinShop aims for success as store connection platform

June 30, 2022 by e.vnexpress.net Leave a Comment

Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform

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One Mount honoured by Google as Best Partner in Supply and Logistics

June 30, 2022 by vir.com.vn Leave a Comment

One Mount is the only enterprise in Vietnam to receive a global award from Google Cloud For the past year, One Mount and Google Cloud have worked together to build the largest technology ecosystem in Vietnam. The strategic collaboration sees One Mount leveraging Google Cloud’s open, scalable, secure-by-design, and carbon-neutral infrastructure and services across the Group’s core lines of business in retail and real estate – including products and services like VinShop, VinID, and OneHousing. With VinShop as the local market leader in online and technology-enabled grocers, One Mount has integrated solutions from Google Cloud to digitalise and modernise the entire fast-moving consumer good supply chain in Vietnam. The move has brought great value and solved key pain points for multiple stakeholders, from manufacturers and distributors to grocers and customers. VinShop owns a modern warehouse system, managed and operated by technology The integration has been … [Read more...] about One Mount honoured by Google as Best Partner in Supply and Logistics

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One Mount wins Google award for logistics, supply chain

July 1, 2022 by e.vnexpress.net Leave a Comment

The award reflects One Mount and Google Cloud's productive partnership in pushing cloud- and data-powered innovation to digitalize operations across Vietnam's entire retail chain. Transforming over 100,000 grocery stores One Mount and Google Cloud have been collaborating to build one of Vietnam's largest technology ecosystems over the past year. As part of a strategic relationship, One Mount has applied Google's best technologies to its strategy of expanding and promoting its products and services, including VinShop, VinID, and OneHousing. One Mount is the only business in Vietnam to win a Google Cloud global award. Photo by One Mount Currently, VinShop is the market-leading digital transformation platform, assisting grocery owners with online product imports and technical support. One Mount has incorporated Google Cloud solutions to digitize and modernize the entire FMCG supply chain in Vietnam. More than 100,000 food stores have opened nationwide in 22 … [Read more...] about One Mount wins Google award for logistics, supply chain

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