Analyst Pin-board MWG – Enter Promising Indonesia Consumer Electronics Retail Industry
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· MWG officially announced the partnership with PT Erafone Artha Retailindo (“Erafone”), a subsidiary of Erajaya Group (Bloomberg: ERAA IJ) in Indonesia, to form a joint venture company named PT Era Blue Elektronic (“Era Blue”) selling consumer appliances in Indonesia. · ERAA is the leading ICT distributor and retailer in Indonesia, per Euromonitor. · The partnership should be a good match for both as ERAA hasn’t been selling white goods and the JV could leverage MWG’s experience and cutting-edge retail execution in the consumer electronics field. |
Mobile World Investment Corp. Mobile World Investment Corporation is a Vietnam-based company primarily engaged in the retail sale industry. The Company operates two retail chains, namely dienmay.com and thegioididong.com. Thegioididong.com chain specializes in the retail sale of digital products including cellular mobile phones, tablets, laptops and accessories for these products. Dienmay.com chain specializes in the retail sale of consumer electronic products such as televisions, karaoke systems, refrigerators, washing machines, rice cookers, blenders, irons, microwave ovens, vacuum cleaners, etc. It also sells digital products such as mobile phones, tablets, laptops and accessories for these products.
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