Skip links

Many investment deals have taken place in the past week

Grab launches new service GrabFood Deluxe

Grab Vietnam has officially launched a new service, GrabFood Deluxe, including a series of luxurious and high-class restaurants and eateries on GrabFood. In addition to providing consumers with more choices of high-end delicacies at home, GrabFood Deluxe also supports high-end restaurant partners to gradually adapt to the take-away model, and at the same time solves problems for customers. solve transportation problems thanks to the extensive network of Grab drivers. From there, restaurant partners have more opportunities to focus on improving the quality of their dishes and soon stabilize business operations after the period of social distancing. Users can easily find GrabFood Deluxe in the Food/Food section of the Grab app. In addition to the benefits for restaurant partners and users, GrabFood Deluxe also provides additional income opportunities for driver partners when more GrabFood orders are placed from high-end restaurants.

Social commerce platform On successfully raised $1.1 million

On, a startup operating in the field of e-commerce in Vietnam, recently successfully raised $1.1 million in a seed round (Seed Round) with the participation of venture capital fund Touchstone Partners and fund Investment ThinkZone Venture. Launched in March 2021, On is a platform that allows individuals to market products, consult sales and receive commissions based on each successful transaction without any investment. The On platform will take care of all issues of sourcing, product packaging and shipping. Up to now, On owns a community of more than 1 million interested people, 20,000 different products for sale and more than 10,000 sales associates with an income of about $300/month. On is planning to use the funds raised to expand its presence, providing management services, delivery and capital support for sales associates.

Super app MoMo invests in startups

On January 10, the company that owns the MoMo e-wallet said that it has officially completed an investment in, a technology company operating in the field of commerce. Established in 2014, is a company specializing in providing cloud-based omni-channel sales management solutions, such as online sales management software, website design services, and portals. Sellers with many carriers, selling software to support sales on Facebook and e-commerce platforms Lazada, Tiki, etc. is currently providing sales management solutions for more than 80,000 businesses in Vietnam.

Marathon Education receives investment from Y Combinator

Although it was only established in early 2021, Marathon Education, an intermediary platform connecting learners and teachers in Vietnam has quickly gained popularity in the field of Edtech (Educational Technology) and achieved great achievements. certain achievement. Recently, Marathon Education has become the 7th startup in Vietnam to receive investment from Y Combinator – the world’s leading startup incubator today. Previously, at the funding round in August 2021, Marathon Education also excelled in becoming one of the first startups in Vietnam to successfully raise capital with more than $1.5 million from investors in the field of education. Education and technology such as Forge Ventures, Venturra Discovery, iSeed SEA, etc. The above step shows the great potential of Marathon Education in transforming teaching and learning experiences, especially when Vietnam is taking it step by step. digital transformation and application of digital technology in education.

Take-Two buys Zynga for $12.7 billion

Renowned game publisher Take-Two, which holds the rights to release blockbusters like GTA, Red Dead Redemption (Rockstar) and popular sports game series, has just bought Zynga outright for $12.7 billion. The sale officially went down in history as the most expensive contract the game industry has ever witnessed. Instead of conducting a full cash buyback, Take-Two facilitated the transaction by purchasing Zynga stock using a combination of Take-Two’s cash and stock. Zynga is the publisher and owner of mobile games such as: FarmVille and CityVille, and games that have dominated social networks since 2010. With an impressive game list, Zynga attracts more than 168 million monthly users, generating sales of $706 million according to last year’s Q4 report. So through Zynga, Take-Two can bring its famous game series, including GTA, Red Dead, Civilization, Borderlands, BioShock and 2K sports game series to hundreds of millions of mobile users.

Sources of information include Nguoilaodong and Thanhnien.