VIETNAM CHAMBER OF COMMERCE AND INDUSTRY
Liên Đoàn Thương Mại Và Công Nghiệp Việt Nam
Sun, Aug 15, 2021, 08:59:00
Delivery startup Loship is seeking to become the first Vietnamese company to list in the U.S. in more than a decade.
It eyes a listing on the New York Stock Exchange by 2024 after breaking even in 18-24 months, its CEO, Nguyen Hoang Trung, told Nikkei Asia.
Loship recently raised $12 million from a group of investors co-led by Ant Group-backed BAce Capital.
The startup distinguishes itself from other competitors by offering one-hour delivery.
Internet company VNG is also reportedly eyeing a U.S. listing by merging with a blank-check company.
