![SK Group buys shares in Masan’s FMCG retail platform](https://media.vneconomy.vn/411x231/images/upload/2021/11/12/89460a5e-a5b5-4cf3-8e3a-419303b91896.jpg)
SK Group buys shares in Masan’s FMCG retail platform
Masan and the SK Group have signed an agreement to purchase shares in The CrownX - an FMCG (fast-moving consumer goods) retail platform owned by Masan Consumer Holdings and WinCommerce - with a total value of $345 million. Alibaba and Baring Private Equity Asia invested $400 million last May in purchasing 5.5 per cent of The CrownX.