VNG

VNG reveals increased losses

May 31, 2023 | 09:57

VNG's 2022 financial report shows significant losses amidst rising expenses.

Vietnamese unicorn VNG targets $100 million in funding round to fuel expansion

May 19, 2023 | 09:48

VNG Corporation, a prominent Vietnamese internet company, is pursuing a fresh funding round with the goal of raising $100 million.

Assortment of firms take on IPO dreams

December 02, 2022 | 10:00

Besides ample private funding, some major Vietnamese businesses are trying to gain scale as listed companies to strategically accelerate growth.

Big names bet on IPO frenzy in international markets

April 13, 2022 | 08:00

Major Vietnamese conglomerates are contemplating plans to offer their shares on foreign exchanges to scale up their financial soundness and place their brand on the world stage – a process which continues to be easier said than done.

OpenCommerce Group raises $7 million in a Series A round backed by VNG and Do Ventures

February 24, 2022 | 18:16

Headquartered in Hanoi with offices in San Francisco and Shenzhen, OpenCommerce Group (OCG) provides a one-stop service for both veteran and zero-experience online sellers with low risk and low cost.

VNG Group pumps $22.5 million into fintech platform

February 18, 2022 | 15:43

Digital financing platform Funding Societies has confirmed its fresh fundraising round worth $144 million in an oversubscribed Series C+ led by SoftBank Vision Fund 2 and several other venture capital firms.

VNG invests $22.5 million in Telio's B2B e-commerce platform

November 12, 2021 | 22:51

Vietnamese online gaming and technology firm VNG has invested $22.5 million in Telio, a B2B e-commerce company in its pre-Series B funding round.

Vietnamese groups seeing more promise in US listing

August 24, 2021 | 08:00

A series of Southeast Asian tech startups going public in the United States is creating a rippling impact throughout the ecosystem, particularly on Vietnamese companies. Nevertheless, a listing is just the beginning of the journey with significant fees and stringent scrutiny all parts of the package.

VNG considers going public in a $3 billion SPAC merger

August 13, 2021 | 14:22

Vietnam's first unicorn VNG is exploring the possibility for going public in the US through a reverse merger involving a special purpose acquisition company.

Japanese newspaper reviews Vietnam’s first unicorn firm

May 06, 2021 | 10:30

Over the past decade and a half, VNG has diversified into cloud computing, ads, digital payments and media, and built up one of the biggest digital user bases in Vietnam, said an article recently published on the Japanese newspaper Nikkei Asia.

Zalo Shop cutting the tree under itself with new subscription charge

January 09, 2021 | 10:00

Online vendors are protesting the decision by Zalo Shop to begin charging subscription fees.

Clock ticking for TikTok to remove Zing-owned tracks

August 31, 2020 | 21:35

If successful, VNG’s lawsuit against TikTok for copyright infringement is expected to contribute to the process of extending copyright protection for music in Vietnam.