Hundreds of major businesses gather at WinCommerce's 2022 Supplier Conference

On November 29, 2022, WinCommerce General Trading Service Joint Stock Company (the owner of the WinMart/WinMart+ retail system) held the 2022 Supplier Conference with the participation of 350 guests, representing major domestic and foreign partners. At the Conference, the Company's Board of Directors announced the business strategy for 2023 and vision for 2025 to suppliers.

WinCommerce is currently the largest modern retail platform in Vietnam with more than 3,400 supermarkets and convenience stores, present in 62 provinces and cities. Every month, WinCommerce provides "Premium Fresh" goods to 30 million customers, bringing remarkable growth to domestic and international manufacturers.

In 2022, WinCommerce accelerates its expansion with 10 WinMart supermarkets and 777 newly opened WinMart+ stores. At the same time, the WINLife ecosystem was successfully launched, nearly 100 WIN stores were opened, attracting more than 500,000 customers to participate in the WIN Membership program as of November 2022. Continuing the development momentum, in 2023, the Company plans to open more than 1,500 new points of sale, bringing the scale of the entire chain to 5,000 supermarkets and stores, present in 63 provinces and cities. From there, it will fully serve 100 million Vietnamese consumers, with outstanding revenue growth.

Speaking at the Conference, Mr. Danny Le - General Director of Masan Group shared: "Despite many difficulties in the market, WinCommerce is still continuously expanding, investing and innovating to become a leading retailer of essential goods. In 2023, we will deploy the WIN membership program throughout the system, bringing the number of members to 10 million people, developing a partnership model to supply goods and financial products. The goal by 2025, WinCommmerce will: connect 30 - 50 million Vietnamese consumers through 8,000 supermarkets - stores and the number 1 partnership model in the market; online revenue accounts for 10% of revenue; increase the number of customers served each day from 600,000 to 2 million.”

Ms. Nguyen Thi Phuong - Permanent Deputy General Director of WinCommerce shared: "With many efforts, WinCommerce is currently the only retail platform developing a supermarket and multi-utility store model, integrating directly and online, optimizing the shopping needs of different customer groups. Aiming to serve 100 million Vietnamese consumers, WinCommerce will continue to expand its coverage, focusing on developing WinMart+ stores in suburban areas and the WINLife ecosystem in urban areas."

In 2023, WinCommerce will focus on optimizing the efficiency of the supply chain with the following solutions: Refine the product portfolio on both WinMart/WinMart+ chains; build a stable pricing strategy to stimulate shopping; understand rural and urban consumer culture to plan product development suitable for points of sale and innovate packaging to increase efficiency in transporting and displaying goods. The Company's top priority is to build strong partnerships with suppliers, develop data and understand customers to increase revenue.

WinCommerce's 2022 Supplier Conference once again affirms the mutually beneficial cooperation relationship. WinCommerce will work with partners to develop a specific plan to modernize the Vietnamese retail sector, improving the lives of consumers in the context of the market gradually shifting to modern consumption.

Source: https://www.masangroup.com/vi/news/masan-news/Hundreds-of-firms-gather-at-WinCommerce-s-supplier-conference-2022.html