VNG Corporation

IPO

Build technologies and grow people. From Vietnam to the world.

Ho Chi Minh City, Vietnam · Founded 2004 · $129.0M raised

Headquarters
Ho Chi Minh City
Employees
1001–5000
Founded
2004
Business Model
B2C
Website
vng.com.vn
Total Funding
$129.0M
Last Round
$100.0M Growth EquityMar 2023
Rounds
4

About

VNG Corporation (formerly VinaGame) is Vietnam's first technology unicorn, founded in 2004 in Ho Chi Minh City. The company operates across four key verticals: online gaming, Zalo (Vietnam's leading messaging and social platform), digital payments and fintech (ZaloPay), and digital business transformation services. VNG serves over 100 million users in Vietnam and has expanded across Southeast Asia and internationally. The company went public on the Nasdaq in 2023 and employs approximately 4,000 people.

Summary

VNG Corporation is a Gaming company based in Ho Chi Minh City, Vietnam, founded in 2004. It has raised $129.0M in total across 4 rounds, most recently a $100.0M Growth Equity round in Mar 2023. Investors include Tencent, CyberAgent Capital and GIC.

Tech & App Stack

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Funding History

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IPOAug 2023
$150.0M

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Debt Financing through IPO — per-round amounts, valuations, and who invested in each round.

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