Masan’s retail arm reports profits 7 quarters post acquisition
WinCommerce, formerly known as VinCommerce, has reported profits for the first time in third quarter of 2021, two years and four months after the retail unit was acquired by Masan Group.
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On 19th November 2021, Masan Group received the Community Initiative Award at the Asian Corporate Excellence & Sustainability Awards (ACES) 2021.
The third-largest chaebol in South Korea has injected $340 million to Masan Group’s The CrownX, raising ownership in the company to 4.9%, according to a statement from the Vietnamese conglomerate.
To realized “Point of Life” strategy, Masan Group and its subsidiaries have worked with strategic partners in order to bring more value to our consumers’ daily lives.
WinCommerce, formerly known as VinCommerce, has reported profits for the first time in third quarter of 2021, two years and four months after the retail unit was acquired by Masan Group.
Vietnam private conglomerate is performing a revolution for the modern retail that provides customers with multiple conveniences with "one-stop shop" service.
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