Vietnam: Food ordering app Lozi gets 7-digit funding from Golden Gate Ventures, DesignOne Japan

Vietnam: Food ordering app Lozi gets 7-digit funding from Golden Gate Ventures, DesignOne Japan

A picture of Lozi's mascot.

Vietnam’s food ordering startup Lozi today announced that it had raised a seven digit funding round from Golden Gate Ventures and Internet media firm DesignOne Japan Inc, proving that this business model can work well in Vietnam.

The development comes after Foodpanda announced the termination of its operations in the country, yesterday.

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