Tencent-invested Vietnamese game developer sees audited 2023 losses double to $82.5 mln

Tencent-invested Vietnamese game developer sees audited 2023 losses double to $82.5 mln

Ho Chi Minh City-based online game developer VNG Corporation, has reported an audited consolidated net loss of VND2,101 billion ($82.5 million) in 2023, nearly double its 2022 figure.

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

Chinese giant Tencent Holdings leaves huge imprint at Vietnam's VNG Corporation

Chinese giant Tencent Holdings leaves huge imprint at Vietnam's VNG Corporation

Tencent Holdings showed up in 2018, but the Chinese giant marked its presence at VNG Corporation a decade before and has played an important role in the strong rise of Vietnam's first technology unicorn.

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