Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Alibaba and Partners Take 5.5% Stake in Vietnamese Retail Group

Looking to bolster your data-driven production capabilities? Join our June 7 webinar to learn how Carhartt is working with Lectra and DXM Inc. to manufacture garments on-demand, accelerate the “test-and-learn” product development process and enhance speed to market.

Alibaba led a $400 million investment round in a Vietnamese retail group, signaling its focus on Southeast Asia’s emerging online grocery sector. The investment round, which included Baring Private Equity Asia, will give new investors a 5.5 percent stake in TheCrownX, the holding company for Masan Group Corp.’s interest in Masan Consumer Holdings and VinCommerce….

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!