This is the eighth company to receive financing from the Mekong Enterprise Fund III, after it invested in mattress firm Vua Nem in June 2018.
IPOs & Markets
Vietnam Airlines has become the largest company to go public on the Ho Chi Minh City Stock Exchange so far this year.
Changes in regulations that seek to protect traditional taxi businesses could have an adverse impact on ride-hailing drivers and end-users, say expert
The firm will invest in the burgeoning startup ecosystem in Vietnam to help nurture the next line of unicorns in the country.
It is learnt that companies such as Line, Naver, Lotte, Hanwha and KB Financial are looking for opportunities in this growing economy.
Through the takeover, Hanwha Investment will build an online financial services platform in Vietnam.
The investment will help increase Vingroup’s market share in Europe in the consumer tech industry and provide Archos with new financial resources.
Egroup recently brought Singapore soya products brand Mr Bean to Vietnam.
After the merger, BP Network will rebrand to Hiip Indonesia.
The firm, which has so far made nine investments out of its fourth fund, is working on one more opportunity in the next two to three months before it
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