Vietnamese ride-hailing firm Be secures $30 mln from local broker VPBank Securities

Vietnamese ride-hailing firm Be secures $30 mln from local broker VPBank Securities

Vietnamese ride-hailing firm Be Group, a rival of market leaders Grab and Gojek, has secured an investment of VND739.5 billion ($30.3 million) from VPBank Securities.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

MoMo, Facebook, YouTube top app ratings in Vietnam 

MoMo, Facebook, YouTube top app ratings in Vietnam 

Vietnam’s e-wallet app MoMo was the most popular fintech app in Vietnam in the first quarter of 2023, while Facebook remained the top social media platform and YouTube held its position as the biggest entertainment video app.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Facebook top popular social media, Zalo top messaging app in Vietnam

Facebook top popular social media, Zalo top messaging app in Vietnam

Facebook was the most popular social media platform in Vietnam, while Zalo, developed by local tech giant VNG Corporation, was the most used messaging app in the fourth quarter of 2022, according to Decision Lab.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ride-hailing firm scores $60 mln Deutsche Bank expansion loan

Ride-hailing firm scores $60 mln Deutsche Bank expansion loan

Deutsche Bank AG has provided Vietnam’s Be Group, a Grab and Gojek rival, with a loan facility of at least $60 million to expand its ride-hailing, food delivery, and digital banking services.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Grab Vietnam reports $12.8 mln loss in 2021

Grab Vietnam reports $12.8 mln loss in 2021

Ride-hailing firm Grab Vietnam saw a loss of VND300.5 billion ($12.82 million) last year after recording a $10.36 million profit in 2020.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7