Venture funds

GoStream is dedicated to providing interactive experience that encourages viewers’ participation in live videos, increasing their engagement and contributing to the building of a larger and more loyal community that follows a user’s content. Marketwise, social networks are recognised as one of the most common channels for online shopping in Vietnam, second only to e-commerce sites. According to PwC Social Surveys, Vietnam ranked seventh in the world in the number of Facebook users with 68 million, or 68.7 percent of the country’s entire population. In 2020, Vietnam’s digital economy reached 14 billion USD and is expected to grow into 52 billion USD in 2025, according to a recent report by Google, Bain & Company, and Temasek. Last November, GoStudio - a product of GoStream Technology Joint Stock Company – won the first prize at VIETNAM TECHFEST 2020. The contest’s organising board recognised the product’s ease-of-use and adaptability to a … [Read more...] about Live video streaming startup GoStream secures 7-digit funding

GoStudio, a product of GoStream, won first prize at the Vietnam Techfest 2020 last November. The contest’s organizing committee recognized the product’s ease of use and adaptability to a range of online channels, including social commerce, online training and online entertainment. … [Read more...] about Vietnamese livestreaming firm GoStream raises $1 million funding from VinaCapital Ventures

Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups

The Vietnamese e-wallet said in a statement that U.S. funds Goodwater Capital and Kora Management and Australia’s Macquarie Capital invested for the first time while existing shareholders Warburg Pincus (U.S.), Affirma Capital (U.K.) and Tybourne Capital Management (Hong Kong) increased their investments. … [Read more...] about E-wallet Momo secures investments from foreign funds

“We are excited to invest in GoStream, which has been leading the way in integrating livestreaming across a number of sectors. Their innovative streaming technology is helping more businesses reach more viewers and customers, and we look forward to working with them as they further expand their capabilities and play an even greater role in Vietnam’s growing digitalization,” Hoang Duc Trung, a Partner at VinaCapital Ventures, said at the signing ceremony of the deal on January 15. … [Read more...] about VinaCapital Ventures invests millions of dollars in livestream startup