{"id":10748,"date":"2017-11-15T06:15:35","date_gmt":"2017-11-14T23:15:35","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=10748"},"modified":"2017-11-15T06:16:07","modified_gmt":"2017-11-14T23:16:07","slug":"tiki-moi-duoc-rot-them-1-000-ty-vnd-hanh-trinh-dot-tien-lai-tiep-tuc","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/tiki-moi-duoc-rot-them-1-000-ty-vnd-hanh-trinh-dot-tien-lai-tiep-tuc\/","title":{"rendered":"Tiki receives another VND 1.000 billion: does the \u201ccash-burning\u201d journey continue?"},"content":{"rendered":"<h2 class=\"sapo\" style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>A source at Nh\u1ecbp c\u1ea7u \u0111\u1ea7u t\u01b0 says startup Tiki may have just received nearly 1,000 billion VND in new funding.<\/strong><\/span><\/h2>\n<p><center><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" class=\"img\" src=\"https:\/\/cafebiz.cafebizcdn.vn\/thumb_w\/600\/2017\/anh-son-1487065623847-crop-1487065677098-1510648718372-crop-1510648722349.jpg\" alt=\"Tiki has just received another 1.000 billion VND; will the \u2018cash-burning\u2019 journey continue?\" \/><\/span><\/center><\/p>\n<div class=\"avatar-desc\" style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u00a0<\/span><\/div>\n<div style=\"text-align: justify;\" data-check-position=\"body_start\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u00a0According to Nh\u1ecbp C\u1ea7u \u0110\u1ea7u T\u01b0, Vietnamese e-commerce startup Tiki has received an additional 1.000 billion VND (around 50 million USD) to prepare for business expansion. The investor this time is JD.com, a leading Chinese e-commerce site and direct competitor of Alibaba.<\/span><\/div>\n<div class=\"detail-content\">\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">This information is not actually new, because earlier this year Dealstreet reported that Tiki hoped to raise 50 \u2013 60 million USD in a series D round. A person familiar with the matter said at the time that the new fundraising round might close by the end of this year.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Previously, last year, VNG invested 384 billion VN\u0110 in this startup, equivalent to a 38% stake.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">By the end of fiscal year 2016, Tiki had recorded losses of VND 255 billion, equivalent to 3\/4 of the investment it received from VNG.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Tiki CEO Tr\u1ea7n Ng\u1ecdc Th\u00e1i S\u01a1n affirmed that Tiki's heavy losses showed the company was still growing, as it was investing heavily in infrastructure, warehousing, people, technology, and payments. He said he viewed the losses as a \u201clong-term investment\u201d\u2014purposeful investments aligned with the planned roadmap and goals.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Early this year, in a letter to Tiki employees, CEO Tr\u1ea7n Ng\u1ecdc Th\u00e1i S\u01a1n confirmed the company had passed the startup stage and confidently said it had found a suitable business model. For the coming year, 2017, a Tiki.vn representative said the goal was to \u2018scale up very rapidly.\u2019<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Founded in 2010 as an online bookselling platform, Tiki initially received investment from Seedcom, Cyberargent Ventures and Sumitomo Corporation before VNG invested. Tiki has since expanded beyond books, increasing its product range from 100,000 to 300,000.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">In 2016, Tiki.vn was also the first company to operate 3 warehouses itself, with a combined area of nearly 10,000 m2. It was also the e-commerce site with the fastest, most punctual and most consistent delivery among leading companies. Its TikiNow express service allows any product with the 2h symbol ordered through Tiki.vn, usually electronics, to be delivered to consumers within 2 hours for VND 29,000.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Collected.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/article\/\">&gt;&gt; Great Articles on Entrepreneurship<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; Business Startup Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/kich-hoat-nang-luong-thanh-cong\/\">&gt;&gt; Success Energy Activation Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/ceo-coach-chuong-trinh-tu-van-kinh-doanh\/\">&gt;&gt; Business Consulting Program<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; LEARN BUSINESS ENTREPRENEURSHI<\/a>H<\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Ngu\u1ed3n tin c\u1ee7a Nh\u1ecbp c\u1ea7u \u0111\u1ea7u t\u01b0 cho bi\u1ebft startup Tiki c\u00f3 th\u1ec3 v\u1eeba nh\u1eadn \u0111\u01b0\u1ee3c ngu\u1ed3n v\u1ed1n m\u1edbi g\u1ea7n 1.000 t\u1ef7 VN\u0110. \u00a0 \u00a0Theo t\u1edd Nh\u1ecbp c\u1ea7u \u0111\u1ea7u t\u01b0, Tiki \u2013 startup th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed c\u1ee7a Vi\u1ec7t Nam m\u1edbi nh\u1eadn th\u00eam 1.000 t\u1ef7 VN\u0110 (kho\u1ea3ng 50 tri\u1ec7u USD) \u0111\u1ec3 chu\u1ea9n b\u1ecb cho vi\u1ec7c [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-10748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=10748"}],"version-history":[{"count":4,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10748\/revisions"}],"predecessor-version":[{"id":10753,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10748\/revisions\/10753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media\/10749"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=10748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=10748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=10748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}