D2C Pulse - Say Hiii to Hue & Hanoi 🇻🇳
👋 Hello! Welcome to mid-week D2C Pulse: A bite-sized newsletter where we cover e-commerce space in different countries every week. 🌎 Going Global: 🇻🇳🇻🇳Today’s pick is considered to be one of the happiest countries in the world, is one of the largest coffee producers in the world, is famous for its floating markets on boats, (selling local produce), and is a country with no legal drinking age! That’s right, Asia's youngest consumer market: Vietnam. Don’t consider it a noob though - its audience is already accustomed to all the new tools and updates in the e-commerce world including social commerce, live commerce, super apps, virtual influencers, Shopee, and well Shark Tank (with over 4 seasons already)! Roughly 49.3 million people made online purchases in Vietnam in 2021 and its e-commerce industry is expected to reach close to USD 9 bn by 2025. Here’re a few interesting Vietnamese start-ups that caught our eye: MULTIVIETNAM makes healthcare hardware products with the application of AI and IoT. Its offerings include smart glasses that alert the drivers when they are sleepy, other glasses have features like reducing eye strain, and supporting people with disabilities to use computers, through the eye and head movement. WEPHOBIA changes the stereotype about tight office clothes. It is an apparel brand focusing on the woman's body. All of their clothing, suits, and trench coats have a wide, indecent form of "smart casual" vibe, a subtle menswear spirit - simple but trendy and neat. PS: Did you know, the phrase "Mephobia", means the fear of being too great! A 4-year-old Street fashion brand called DIRTY COINS is the first Vietnamese brand with 1 mn Instagram followers. Why? It’s influential; the brand symbolizes bold & risky fashion, gives value to blood money, the fruits of sweat and tears. Moreover, the Brand collabs with budding V-rap and V-pop artists. (Vietnamese Supreme??) After V-Supreme, Vietnam has got V-IKEA, MAKEMYHOME, a start-up that focuses on making minimal, versatile, and functional furniture, especially as living spaces are getting smaller. The brand positions to remove dependency on foreign furniture. With a passion for feng-shui stones, GYPSYLALA combines Thai silver patterns on colorful feng shui bracelets, to bring new, unique feng-shui jewelry. 🗞️ Global Marketplace Updates
📊 Graph-iti Of The DayBitcoin is not the only thing ‘going to the moon’, Apple can take you to space too? Well, not literally, but it’s still cool how a tower of every iPhone ever sold (2.8 bn iPhones), stacked end-on-end, would reach the moon i.e. cover about 243,056 miles of distance. That’s all for today! We hope you enjoyed this mid-week treat. If you liked it, give us a ❤️ below! Also, if there is any specific country you want us to cover next week, do let us know in the comments section. Byeee! If you liked this post from GlobalBees D2C Pulse, why not share it? |
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Say Hiii to Hue & Hanoi 🇻🇳
Thursday, April 7, 2022
We cover Asia's youngest consumer market: Vietnam!
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