Apple To Open First Online Shop In Vietnam In A Push To Emerging Market

Apple stated on Friday it will open its first on-line retailer in Vietnam subsequent week, because the iPhone vendor doubles down on rising markets to drive development amid slowing gross sales in China.

The opening on May 18 comes simply weeks after the Cupertino, California-based firm opened its first Apple shops in India – Mumbai and Delhi.

Apple CEO Tim Cook is betting that rising markets will present extra alternatives for development, with youthful populations and comparatively few iPhones.

Apple didn’t say when it plans to open bodily shops in Vietnam, which has a inhabitants of 100 million folks.

”We’re proud to be increasing in Vietnam,” stated Deirdre O’Brien, Apple’s senior vice chairman of retail.

Online shops typically precede the opening of retail shops. Apple already sells merchandise in Vietnam by way of licensed distributors and has a number of suppliers that assemble its devices within the nation for export.

Apple first launched a web based retailer in India in 2020.

(This story has not been edited by News18 workers and is printed from a syndicated news company feed)