SINGAPORE (Apr 4): Synagie Corporation has announced expansion plans to Vietnam’s e-commerce market by signing one of the world’s biggest luxury beauty companies as its first brand partner to use Synagie’s e-commerce enablement solutions to help them grow in the country.

Through the group’s end-to-end commerce enablement and fulfilment solutions are achieved using a cloud-based Synagie platform, which leverages on technologies such as cloud computing, big data analytics and artificial intelligence (AI).

Synagie’s new brand partner was not named.

In a Thursday filing, the e-commerce solutions provider says it believes it is poised to benefit from Vietnam’s market, which it views as “undoubtedly poised for massive growth”.

“As we chart further growth in the year ahead, we look forward to creating more revenue synergies and will continue to be on the lookout for opportunities to extend our business service offerings in other markets with untapped potential, especially Philippines,” says Clement Lee (pictured, far right), Synagie’s CEO and executive director. 

Shares in Synagie closed 2 cents higher at 8.3 cents.