SIMPPLE Ltd. announced on December 3, 2024, that its Singapore subsidiary signed a partnership agreement with Vietnam-based Elite VDP Co., Ltd. This agreement designates Elite VDP as a distributor for the SIMPPLE Ecosystem across Vietnam, marking a new market entry for the company.
As part of this initial agreement, the partnership is expected to generate at least $100,000 in sales revenue. This concrete revenue expectation underscores the immediate commercial potential of the collaboration in the Vietnamese market.
The expansion into Vietnam further strengthens Simpple's global reach and commitment to becoming a leading international technology provider in facilities management. This move follows other recent international distribution agreements in the region.
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