Masan Group to acquire a 25% stake in Trusting Social for $105m.

Masan Group, a private sector company with a focus on the consumption and resources sectors, agreed to acquire a 25% stake in Trusting Social, a consumer credit scores services provider, for $105m. The project is part of Masan's strategic goal by 2025 to create a Consumer - Retail - Technology ecosystem capable of capturing 80% of Vietnamese consumers' wallet.