TI KI TRADING ONE MEMBER COMPANY LIMITED

TI KI TRADING ONE MEMBER COMPANY LIMITED—known more widely through its consumer-facing brand Tiki.vn—is a well-established Vietnamese e-commerce company operating under Business ID 0312388363. Founded in 2013, Tiki is structured as a one-member limited liability company, wholly owned by TI KI INVESTMENT COMPANY LIMITED, and headquartered in Tan Binh District, Ho Chi Minh City.

Under the leadership of TRAN N. T. S., who serves as Chairman, Tiki has been one of Vietnam’s earliest and most recognizable online marketplaces. The company’s core business activity is retailing products through its online platform, covering various categories from electronics and books to home goods, fashion, and fast-moving consumer goods (FMCG). Its registered operations include warehousing, courier services, and multiple retail sub-sectors.

However, recent financial performance reveals considerable headwinds. As of March 31, 2024:

• Revenue fell to USD 60.74 million, a steep 45% decline year-over-year

• Net loss widened significantly to USD -1.66 million, down over 557% from the previous year

• Total assets dropped to just USD 13.63 million, compared to USD 244.6 million two years earlier—a massive 94% contraction

• Equity fell to USD 8.62 million, marking a continued erosion of capital

  Company Profile Report-TI KI TR…

These figures point to significant restructuring, downsizing, or reallocation of resources. The data suggests Tiki is either scaling back unprofitable divisions or transitioning its business model. While it remains operational and retains a strong brand presence, the narrowing asset base and sharp revenue decline raise concerns about its long-term sustainability unless backed by external capital or turnaround measures.

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