About VNG Corporation
VNG Corporation is a Media & Entertainment company based in Ho Chi Minh City (Vietnam) founded in 2004 by Vuong Quang Khai, Le Hong Minh, and Bryan Pelz. VNG Corporation is recognized as a leading technology company in Vietnam. It operates on a SaaS (Software-as-a-Service) and Freemium model. VNG Corporation has raised $29 million across 1 funding round from investors including Temasek, IDG Ventures Vietnam and CyberAgent Capital. The company has 3,928 employees. VNG Corporation has completed 1 acquisition, including Baomoi. VNG Corporation was last valued at $2.2 billion in August 2021. Its chief executive, as recorded, is Le Hong Minh. Its website vng.com.vn draws about 121 thousand monthly visits. VNG Corporation offers products and services including Zalo & AI, Online Games, Payment & Finance, and Digital Transformation. Its focus areas include Technology, Software & IT Services, Communication Software and Entertainment. Its legal entity is VNG Group.
Company details
VNG Corporation is established as a prominent technology company in Vietnam, focusing on creating innovative solutions and developing human potential. The company is engaged in sectors such as communication, gaming, financial services, and digital transformation. Products like Zalo, online games, and payment solutions are developed to serve millions of users. With a mission to expand globally, VNG is committed to technological advancement and social responsibility initiatives.
Products & Services of VNG Corporation
VNG Corporation offers a comprehensive portfolio of products and services, including Zalo & AI, Online Games, Payment & Finance, and Digital Transformation.
A messaging and AI platform is provided for users.
Various online games are developed for global users.
Digital payment and financial solutions are offered widely.
Digital transformation services are provided to businesses efficiently.
Apps and channels of VNG Corporation
its YouTube channel Life at VNG has 4.89K subscribers and 30 videos.
Videos from VNG Corporation
The most watched videos on VNG Corporation's YouTube channel, Life at VNG (4.89K subscribers). Click a video to play it here.
More on Life at VNG.
Funding Insights of VNG Corporation
VNG Corporation has successfully raised a total of $29M through 1 strategic funding round. The most recent funding activity was a Series B round of $29 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $29M
- Total Rounds 1
- Last Round Series B — $29M
- First Round $29M
(Mar 2019)
- Investors Count 6
All 1 funding rounds of VNG Corporation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $29M | Series B | – | Temasek | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of VNG Corporation
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2.2B (Aug 2021). 6 investors in total: 6 institutional.
Investors in VNG Corporation
VNG Corporation has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Temasek, IDG Ventures Vietnam and CyberAgent Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Corporate-backed venture capital firm focused on consumer tech and multiple sectors | idgvv.com.vn | Hanoi, Vietnam | ||
Investments in tech startups are provided by CyberAgent Capital. | cyberagentcapital.com | Tokyo, Japan | ||
Venture capital fund focused on seed-stage startups | chiratae.com | Bengaluru, India | ||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore |
Investor details for VNG Corporation
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People of VNG Corporation
67 people are tracked at VNG Corporation (20 in leadership, 47 in team); the tracked headcount is 3,928.
| Name | Role | Group |
|---|---|---|
Vuong Quang Khai | Co-Founder | Leadership |
Le Hong Minh | Founder & CEO | Leadership |
Bryan Pelz | Founder | Leadership |
Huynh My Loan | Vice President | Leadership |
Vu Minh Tri | VP of Cloud Services | Leadership |
Kelly Wong | VP of Operations | Leadership |
Tiep Vu | Co-founder, Head Of Veka.ai | Leadership |
Varun Ahuja | Head Corporate Development And Investor Relations | Leadership |
Oanh Tran | Sales Director, SME & Channel - VNG Cloud | Leadership |
Vo D.chuyen | Head Of Technical Operation | Leadership |
Hiếu Trung | Head Of Game Infrastructure And Operation | Leadership |
Joe Duy Phan | Head Of Data Center Facility | Leadership |
Hoai Thuong Phan | Head Of Enterprise Risk Management | Leadership |
Thanh Pham | Head Of AI Product | Leadership |
Ky Nguyen | Deputy Head Of Data Center | Leadership |
Trinh Phuong Anh | Head Of Sales And Marketing - VNG Solutions | Leadership |
Raymond Tan | Chief Financial Officer | Leadership |
Thanh Nguyen | Vice President, CTO | Leadership |
Jeebaretnam Barr Kumarakulasinghe | Head Of IFRS & Reporting | Leadership |
Minh Hong le | Senior Director, Head Of Fpa, Vnggames | Leadership |
47 more people are available in the full profile.
Complete people profiles for VNG Corporation
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Investments & Acquisitions by VNG Corporation
VNG Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Baomoi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
News content is aggregated and delivered online across various topics. | baomoi.com | Hanoi, Vietnam | 2006 | Jun 2012 | •••• |
Complete acquisition details for VNG Corporation
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Timeline of VNG Corporation
4 dated milestones of VNG Corporation across 15 years, from founding to its latest funding, stage changes and deals.
- Founded VNG Corporation is founded.
- Acquisition Acquires Baomoi.
- Funding First funding round of $29.0M.
- Milestone Reaches Unicorn status.
Web traffic of VNG Corporation
The website of VNG Corporation (vng.com.vn) receives about 121.3K visits a month.
- Monthly visits121.3K
▼ 12.4% vs previous month
Websites whose visitors overlap most with VNG Corporation. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vngms-my.sharepoint.com | vngms-my.sharepoint.com | 100% | – | ||
| figma.com | 90% | 84.7M | #221 | View details | |
| itviec.com | 89% | 570.7K | #76,116 | View details | |
| tinhte.vn | 80% | #15,971 | View details | ||
| notion.so | 80% | 178.3M | #160 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for VNG Corporation
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Related news about Vng Corporation
Complete news archive for VNG Corporation
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Frequently Asked Questions about VNG Corporation
VNG Corporation was founded in 2004 and raised its 1st funding round 15 years after it was founded.
VNG Corporation is headquartered in Ho Chi Minh City, Vietnam. It is registered at Ho Chi Minh City, Southeast, Vietnam.
Le Hong Minh is the CEO of VNG Corporation, as recorded in our data. They have also founded this company.
VNG Corporation is a funded company, having raised a total of $29M across 1 funding round to date. The company's 1st funding round was a Series B of $29M, raised on Mar 2019.
VNG Corporation has 3,928 employees.
VNG Corporation is established as a prominent technology company in Vietnam, focusing on creating innovative solutions and developing human potential. The company is engaged in sectors such as communication, gaming, financial services, and digital transformation. Products like Zalo, online games, and payment solutions are developed to serve millions of users. With a mission to expand globally, VNG is committed to technological advancement and social responsibility initiatives.
VNG Corporation offers Zalo & AI, Online Games, Payment & Finance, and Digital Transformation.
VNG Corporation has made 1 acquisition, including Baomoi.
VNG Corporation has 6 investors. Key investors include Temasek, IDG Ventures Vietnam, CyberAgent Capital, Chiratae Ventures, and B Capital.
The valuation of VNG Corporation is $2.2B as of Aug 2021.
VNG Corporation operates through Vng Group.
The website of VNG Corporation receives about 121 thousand visits a month.