Vietnam’s last-mile e-commerce war: Why Ninja Van and LEX bowed out
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Vietnam's e-commerce logistics sector is facing consolidation as two major players, Ninja Van and Flex Speed (LEX), exit the market. Ninja Van ceased its express delivery service in Vietnam after nearly ten years, citing "concentration risks" as a significant challenge. This shift marks a notable change in the competitive landscape of last-mile delivery services in the country.
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