Vietnam’s e-commerce enabler OnPoint raises US$8M funding
Vietnam based e-commerce enabler OnPoint has secured US$8M in a Series A round of financing, led by Kiwoom Investment and Daiwa-SSIAM Vietnam Growth Fund II L.P, according to KrAsia.
The company will use the funds for hiring and developing data-driven capabilities.
OnPoint currently has several dozen clients, including L’Oreal, Shiseido, P&G, Rohto, Beiersdorf, Unilever International, Watsons, Kimberly-Clark, Unicharm, CJ Group.
Former C-level executives of Lazada, Quang and Le Xuan Long started OnPoint to empower consumer brands to grow and thrive in the fast-paced ecosystem.
“We see ourselves not just as an extending arm in online demand creation and demand fulfilment, but also a strategic partner for brands who helps facilitate their multitude interactions with online netizens,” said Quang.