Vietnamese e-commerce major Tiki set to raise over $100m

Second most popular marketplace eyes bigger presence in logistics

20190621
NGUYEN THI BICH NGOC, DealStreetAsia

HANOI -- Vietnamese e-commerce major Tiki, which we reported in March was raising a $75-million funding round led by private equity firm Northstar Group, is now looking at a larger financing deal.

We have learnt that the round has been upsized to $100 million with the backing of the firm's existing Korean investors, including Korea Investment Partners, STIC Investments and Sparklabs Ventures.

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