Vietnam's VNG seeks to go beyond gaming, bets big on MSME lending

Vietnam's VNG seeks to go beyond gaming, bets big on MSME lending

Photo credit: VNG

Vietnam’s first technology unicorn VNG Corporation is increasingly adopting the inorganic route to expand its operations in the B2B segment amidst stiff competition in the gaming market.

Starting 2021, VNG has invested in six startups strategically that include prominent names such as local firm Telio, which connects small mom-and-pop stores with brands and wholesalers on its platform; and Southeast Asian online lending platform Funding Societies.

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