Marketplace ranking

Top eCommerce marketplaces in Vietnam

Shopee is the marketplace with the highest GMV in the Vietnamese eCommerce market with US$11,663.6 million generated in this market in 2023. Shopee is followed by Lazada and TikTok Shop with a generated GMV of US$4,897.9 million and US$4,160.0 million in the selected market. In general, GMV (Gross Merchandise Value) includes first- and third-party sales, including taxes, shipping fees, or additional charges, before taking into account deductions such as discounts or returns. The top marketplace ranking for the Vietnamese eCommerce market is based on the top marketplace brands according to GMV in this market in the year 2023. By using the filters provided below, the list of marketplace brands can be narrowed down according to different types of research questions.

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CompareRank Marketplace Filtered GMV / share
Global GMV
Growth
Main country / share Main category / share
1
(9)
Favicon shopee-235
Shopee
Sea, Ltd.
US$11,663.6m
14.9%
US$78,500.0m6.8%Indonesia
26.5%
Fashion
32.0%
2
(14)
Favicon lazada-149
Lazada
Alibaba Group Holding, Ltd.
US$4,897.9m
15.2%
US$32,223.6m60.3%Indonesia
29.7%
Electronics
29.0%
3
(22)
Favicon tiktok-shop-360
TikTok Shop
ByteDance, Ltd.
US$4,160.0m
20.8%
US$20,000.0m354.5%Thailand
25.6%
Care Products
42.1%

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