Vietnam’s homegrown online marketplaces Tiki and Sendo are pursuing their own growth strategies amid stiff competition, particularly from Shopee and Lazada, after their proposed merger plan fell through last year, according to several sources aware of the development.
As DealStreetAsia reported last July, Tiki and Sendo shelved their merger plan, even as the country’s antitrust watchdog said the proposed transaction would not be prohibited by local laws.
