Vietnam Dealbook: Tiki partners Gravity R&D; IPO-bound VietJet in $14.3b aircraft deal

Vietnam’s e-commerce platform Tik – backed by Seedcom, CyberAgent Ventures and Sumitomo, and recently acquired by Internet company VNG Corporation – has forged partnership with Gravity R&D to increase revenue and customer base. Meanwhile, private low-cost carrier VietJet, anticipating an IPO within the next few months, has entered two significant agreements to purchase aircraft and engines from US companies.