Vietnamese startup Lozi raises 8-digit funding from South Korea’s Smilegate Investment

Other investors participating in the funding include DTNI, Ascendo Ventures (South Korea), JC Capital (US), and Vietnam Silicon Valley.


Ismawati Asmat

6 Nov, 2019

Vietnamese startup Lozi raises 8-digit funding from South Korea’s Smilegate Investment | BEAMSTART News

- From our Sponsors -

Vietnamese startup Lozi has raised an 8-digit funding round to support the company's expansion across the country.

Lozi aims to become the one-stop solution for Vietnamese consumers’ one-hour delivery needs.

The Lozi app.

Established in 2013, Lozi was originally an app for people to find food, beverages, and coffee shops — primarily targeting Generation Z and millennial users.

In 2015, Lozi transformed into a social C2C e-commerce network, serving 2 million users.

The team from Lozi.

The company aims to provide 20 services on its platform while planning to launch a new feature called Lo-xe to enter Vietnam’s competitive ride-hailing market.

“The startup aims to become the fastest-growing intracity e-commerce platform in Vietnam, and the new funding will give a boost to its focus on one-hour delivery services.”, mentioned Trung Nguyen, CEO and co-founder of Lozi.

- From our Sponsors -

Latest Jobs

Affiliate Marketing Manager

Binance

Singapore

Full Time

SGD 2000 — SGD 2500 monthly

Senior Analyst, Product

Carsome

Petaling Jaya, Singapore

Full Time

Salary Undisclosed

Strategy and Growth Lead

Pluang

Jakarta, Indonesia

Full Time

Salary Undisclosed

3D Creative Designer

Nervape

Singapore , Singapore

Full Time

USD 4000 — USD 7000 monthly

Business Development Manager

Tourplus

Kuala Lumpur, Malaysia

Full Time

MYR 10000 — MYR 30000 monthly

Business Development Intern

BEAMSTART

Damansara Uptown, Malaysia

Internship

MYR 400 — MYR 500 monthly

HR Consultant/Recruiter

Fortune Cookie Wisdom Pte Ltd

Remote, Singapore

Contract / Freelance

Salary Undisclosed

Business Development Manager

Lumirous

Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

Online English Teacher

NativeCamp

Remote, United Kingdom

Contract / Freelance

Salary Undisclosed

UI/UX Designer

Soft Space

Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).