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Announced

Vingroup to merge Adayroi.com into VinID.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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E-commerce

E-commerce site

Merger

Friendly

Vietnam

Pending

Private

Single Bidder

e-payment

Majority

Synopsis

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Vingroup, a real estate company, agreed to merge Adayroi.com, an e-commerce site, into VinID, an e-payment company. Financial terms were not disclosed. The transactions will be completed by the end of December 2019. “Merging Adayroi with VinID not only helps store data about customer behaviour but also create a new platform where customer needs are better predicted,” Vingroup said.

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