Vietnam’s e-commerce sector is expected to grow by 43% from 2015 to 2025.
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In a country where more than 48% of the population now owns a mobile phone, five Cambodia startups have emerged to leverage the fast growing digital economy.
With high mobile phone and internet penetration, the e-commerce sector is set to grow with the entry of international players like Alibaba-backed Daraz Group.
The news came shortly after NextPay Holdings announced plans to raise around USD 60 to 100 million in the first quarter next year and go public in 2022.