(PLO)- The project is part of Masan’s strategic goal by 2025 to create a Consumer – Retail – Technology ecosystem capable of meeting 80% of the essential consumption needs of Vietnamese people.
On February 10, at the Vietnam – Singapore Business Forum within the framework of Prime Minister Pham Minh Chinh’s official visit to Singapore, Masan Group Joint Stock Company through its subsidiary The Sherpa officially received Certificate of offshore investment registration to carry out investment activities in Singapore.
Accordingly, the investment value is up to 105 million USD for 25% of ownership in The Sherpa Company, equivalent to the number of up to 9,388,756 shares.
The project is part of Masan’s strategic goal by 2025 to create a Consumer – Retail – Technology ecosystem capable of meeting 80% of the essential consumption needs of Vietnamese people.
USAasan promotes technology application to serve consumers
The Sherpa Company operates primarily in software development, technology and applications on a global scale including the development of comprehensive, accurate credit risk assessment methods based on AI technology. , computer science.
The investment in The Sherpa Company will be the driving force for Masan to accelerate the application of artificial intelligence in retail (Retail AI) and artificial intelligence in consumption (Consumer AI).
The two sides will work together to build a loyal customer base, apply and develop AI and ML technologies in the consumer sector, integrating throughout from offline to online, contributing to an optimal experience and reducing costs. reduce consumption costs for Vietnamese people.
The WinCommerce retail chain (the operator of WinMart/WinMart+/WIN) with a high-tech platform from The Sherpa Company will cooperate with domestic financial partners to promote opening new credit cards, towards the goal of credit universalization for the people of Vietnam.
By integrating the technology piece from The Sherpa Company into the consumer-retail platform, Masan Group aims to become a leading enterprise that meets daily consumer needs on both offline and offline platforms. online of nearly 100 million Vietnamese consumers.
In 2022, Masan Group achieved net revenue of more than 76,000 billion VND
(PLO)- In 2023, Masan Group sets a consolidated revenue target of VND 90,000-100,000 billion, an increase of 18% – 31% compared to 2022.