Vietnam's e-commerce firms Tiki, Sendo said to have held merger talks

Vietnam’s homegrown online marketplaces Sendo and Tiki have held exploratory talks to merge with each other, according to multiple sources aware of the development.

Both startups rank among the most visited e-commerce websites in Vietnam as well as the most downloaded marketplace apps in the domestic market. They compete with Alibaba-backed Lazada and NYSE-listed Sea Ltd’s e-commerce unit Shopee in the domestic market.

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