JavaScript is off. Please enable to view full site.

Vingroup’s retail arm closes ecommerce site Adayroi, reportedly for merger: suppliers

Vingroup’s retail arm closes ecommerce site Adayroi, reportedly for merger: suppliers

Tuesday, December 17, 2019, 22:38 GMT+7
Vingroup’s retail arm closes ecommerce site Adayroi, reportedly for merger: suppliers
Adayroi.com ceases operations from 6:00 pm on December 17, 2019. Photo: Tuoi Tre

Many suppliers on Tuesday received a notice from VinCommerce, the retail arm of Vietnam’s largest private firm Vingroup, about the shutdown of the ecommerce site Adayroi.com.

VinCommerce, which operates Adayroi.com, said that the platform would shut down from 6:00 pm on Tuesday, according to documents shared by some suppliers on social media.

This shutdown is meant to assess and restructure the site’s operations in order to better meet market and customer needs in a new development phase, the retail arm explained.

This means all products, goods, and services provided on Adayroi.com in accordance with previously signed agreements will cease to be traded.

But all purchase orders placed before the closure will be fulfilled and subject to the same old sales policy, the documents said.

All payment obligations in agreements with suppliers will end by January 15, 2020, VinCommerce noted.

Such agreements with suppliers will be automatically terminated after the date, without any dispute or complaint.

The shutdown of Adayroi.com is just temporary, in preparation for a merger, suppliers said.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Tuoi Tre News

More

Read more

Have you ever tasted Vietnamese coconut nectar?

Once used as a kind of natural sugar by the ethnic community of Khmer in the Mekong Delta province of Tra Vinh, coconut nectar did not become a commodity because of limited demand

1 day ago
;

Photos

VIDEOS

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news