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

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

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

Vietnamese groups seeing more promise in US listing

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

VNG considers going public in a $3 billion SPAC merger

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

Japanese newspaper reviews Vietnam’s first unicorn firm

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

Zalo Shop cutting the tree under itself with new subscription charge

Online vendors are protesting the decision by Zalo Shop to begin charging subscription fees.
Clock ticking for TikTok to remove Zing-owned tracks

Clock ticking for TikTok to remove Zing-owned tracks

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.
VNG sues TikTok for music copyright infringement

VNG sues TikTok for music copyright infringement

VNG is suing TikTok, the Chinese short-form video platform, for not having sufficient licences for the songs being used in its videos.
VNG maintains investment in Zion to keep at e-payment race

VNG maintains investment in Zion to keep at e-payment race

Despite mounting losses at Zion, VNG remains adamant about maintaining its ownership at the e-payment firm to remain in this promising market.
VNG on a bumpy road in 2020

VNG on a bumpy road in 2020

This year may not be one of prosperity for VNG as the local unicorn has been constantly beset by adversities in recent months.
COVID-19 can accelerate the IPO of local tech stocks?

COVID-19 can accelerate the IPO of local tech stocks?

As COVID-19 is buoying up global tech stocks, it remains a question whether the pandemic could accelerate the IPOs of local tech companies.
Vietnam’s e-commerce market to exceed $17 billion in 2023

Vietnam’s e-commerce market to exceed $17 billion in 2023

The Vietnamese e-commerce market is projected to grow at 16.3 per cent CAGR from $9.5 billion in 2019 to $17.37 billion in 2023, according to GlobalData.
Zalo.vn domain has been suspended for 45 days

Zalo.vn domain has been suspended for 45 days

The VNNIC announced suspending the operations of the zalo.vn domain of VNG Corporation for 45 days to handle the violations of social network operator Zalo.
JD.com usurps VNG to become Tiki's largest shareholder

JD.com usurps VNG to become Tiki's largest shareholder

VNG used to be Tiki's largest shareholder with an investment of VND384 billion ($16.7 million) but it has just lost this position to JD.com.
VNG in $4.43 million deficit in second quarter of 2019

VNG in $4.43 million deficit in second quarter of 2019

VNG's financial statement for the second quarter of 2019 reported pre-tax loss of VND110 billion ($4.78 million) and net loss of VND102 billion ($4.43 million).
Two Zalo domains of VNG revoked

Two Zalo domains of VNG revoked

The Ho Chi Minh City Inspectorate of the Department of Information and Communications requested VNG to stop using the Zalo.vn and Zalo.me domains.
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