Zalora Thailand Vietnam Has A Strong Desire To Sell Cake.

The power of fashion business in Southeast Asia has begun to show itself in the capital market.

Recently, Zalora, known as Southeast Asia's largest fashion business platform, said its two markets have found a new business.

It is reported that the two markets are sold in Vietnam and Thailand, which can not be conquered for a long time.

He chose to give up, and he was the biggest retailer in Thailand, Central Group.

The paction price, according to foreign media, is about $10 million.

The details, Central Group, will be announced next week.

Zalora Vietnam Thailand business sales

Central Group into the dish man wants to divide electricity supplier cake

However, even Zalora is known as

The largest fashion business provider, but from its parent company's earnings report, its 2015 fiscal year has a 77.5% surge, but because of the above two market sales performance drag, so to a certain extent, has affected the extent of its losses, and continues to expand.

In the last fiscal year, Zalora recorded GMV 2.743 billion euros, a 81% rise compared with the 151 million 600 thousand euro in the previous fiscal year.

In contrast, Alibaba group, which also acquired the Southeast Asian e-commerce platform, began to layout the Southeast Asian market through reverse operation.

Insiders believe that the acquisition of Zalora part of the business is Central Group try.

The case is, however, whether the success of these two markets will depend on the skills of the players.