Synagie Expands its Footprint in Vietnam
- The Group marks its inaugural foray into one of the fastest growing e-commerce markets – Vietnam
- On boards one of the world’s biggest luxury beauty companies as brand partner for
Synagie Corporation Ltd. (SGX: V2Y) (“Synagie”, “思腾控股有限公司”, the “Company”, or the “Group”), Singapore’s No 1 fastest growing technology company in 2018 according to Deloitte Fast 500 Asia Pacific, is delighted to announce its inaugural foray into one of the fastest-growing e-commerce markets – Vietnam, as it extends its strategic regional expansion. The Company has signed on one of the world’s biggest luxury beauty companies as its first brand partner who will use the Company’s ecommerce enablement solutions to help them grow in the Vietnamese market.
Chief Executive Officer and Executive Director of Synagie, Mr Clement Lee commented, “In 2019, we have achieved another commendable milestone as we paved our way into Vietnam, one of the fastest growing e-commerce markets that is set to thrive and boom. Vietnam’s flourishing e-commerce landscape is undoubtedly poised for massive growth and we are well-positioned to benefit from it. As we chart further growth in the year ahead, we look forward to creating more revenue synergies and will continue to be on the lookout for opportunities to extend our business service offerings in other markets with untapped potential, especially Philippines.”