Vietnam unicorn VNG files for Nasdaq IPO after EV maker VinFast

[Viet]

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App from loss-making startup is more popular at home than Facebook

VNG debuted a cloud and data center business in December as part of the gaming-to-messaging startup's bid to find new profit engines. (Photo by Lien Hoang)
LIEN HOANG, Nikkei staff writerAugust 24, 2023 13:23 JST


HO CHI MINH CITY -- VNG, the startup behind Vietnam's most popular chat app, said it filed to list on Nasdaq, putting it on a path to follow compatriot VinFast onto the U.S. stock exchange.

VNG said on Thursday it had registered with the U.S. Securities and Exchange Commission to go public.

Vietnam unicorn VNG files for Nasdaq IPO after EV maker VinFast

App from loss-making startup is more popular at home than Facebook

asia.nikkei.com

 

[CIA Mole]

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App from loss-making startup is more popular at home than Facebook

VNG debuted a cloud and data center business in December as part of the gaming-to-messaging startup's bid to find new profit engines. (Photo by Lien Hoang)
LIEN HOANG, Nikkei staff writerAugust 24, 2023 13:23 JST


HO CHI MINH CITY -- VNG, the startup behind Vietnam's most popular chat app, said it filed to list on Nasdaq, putting it on a path to follow compatriot VinFast onto the U.S. stock exchange.

VNG said on Thursday it had registered with the U.S. Securities and Exchange Commission to go public.

Vietnam unicorn VNG files for Nasdaq IPO after EV maker VinFast

App from loss-making startup is more popular at home than Facebook

asia.nikkei.com

luckily for vietnam companies, US will be nice so as to pull people away from terror feudal xi

 

[Viet]

luckily for vietnam companies, US will be nice so as to pull people away from terror feudal xi

Yes the timing is good. Viet tech companies will try to catch the departing trains. From those Investors that pull money out of China.

Internet Startup VNG Files to Become First Vietnam Tech Firm to Go Public in US

Internet startup VNG Ltd. filed for an initial public offering in the US, making it the first Vietnamese technology company to seek a listing in New York and adding to a diversifying roster of companies planning listings as equity markets thaw.

www.bloomberg.com