Back Society » Tech » Check out Vietnam's Top 15 Most-Funded E-Commerce Startups

Check out Vietnam's Top 15 Most-Funded E-Commerce Startups

Just like mobile games, e-commerce is a booming industry in Vietnam.

Conservative estimates put last year's e-commerce revenues around US$500 million, while some more liberal analysts believe the figure is as high as US$1 billion, according to Tech in Asia. With the Vietnamese government expecting e-commerce spending to double annually in the coming years, these startups are already playing a huge role in Vietnam's burgeoning tech scene.

To create the infographic below, Tech in Asia sifted through piles of data and funding announcements to piece together just how much investment each of Vietnam's largest e-commerce startups has received. While most prefer to stay mum on the amount of money they've injected into their project, the number of investors in a given startup – as well as the names of those investors – says something about each venture's funding.

You'll find a few familiar names among the top 15, including restaurant review and food-finding app foody.vn, transportation-booking website vexere.com and ticketbox.vn, an online ticket vendor and event management platform. Other startups run the gamut from selling babycare items to logistics providers to financial services and beyond. 


Related Articles:

CNN: HCMC Is The World’s Best Emerging City For Startups

[Infographic] Key Statistics on Vietnam's Internet Population

[Infographics] Vietnam's Mobile Games Are Taking The World By Storm


[Infographic via Tech in Asia]

Related Articles

in Tech

‘Flappy Bird’ Maker Ranked One of the World’s Most Influential App Developers

He’s probably sitting in his room, cursing them for it, but Dong Nguyen of ‘Flappy Bird’ fame has made Business Insider’s list of “the world’s 11 most influential people working in apps.”

in Tech

$1 Billion High-Tech Park Proposed for HCMC

As part of the continuing effort to modernize Vietnam’s workforce, authorities are reviewing a proposal for a massive science and technology park in HCMC.

in Tech

$110m Pledged for Vietnamese Startups

It looks like Vietnamese startups are about to get a boost in funding. The Ministry of Science and Technology has announced a $110 million program called FIRST, designed to breathe financial life into...

in Tech

$189m Plan to Give 300,000 HCMC Students Tablets Draws Criticism

Last week the HCMC Department of Education proposed a plan to equip 300,000 primary students with tablets for the coming school year, reports Thanh Nien. With a pricetag of VND3 million – VND 5 m...

in Tech

'Flappy Bird' Creator To Release New Game Tomorrow

Well, Nguyen Ha Dong, the Vietnamese app developer who at one point was pulling in $55,000 per day, is officially back in the spotlight. After releasing a new version of ‘Flappy Bird’ earlier this mon...

in Tech

'Flappy Bird' Isn't the Only Hit App Made in Vietnam

Our favorite TechinAsia writer, Anh Minh Do, recently published a guest post on Mashable, telling the world that there’s more to Vietnam’s app ecosystem than just Flappy Bird.

Partner Content