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Vietnamese chain KAfe Group has been bought out by foreign investors and its founder ousted. The unidentified foreign investors have increased the business’ capital from VND16 billion to VND244.825 billion (US$10 million). KAfe’s founder and CEO, Chi Anh Dao,…
KAfe Group, which describes itself as Vietnam’s “first urban fusion cafe chain” has secured US$5.5 million financing from institutional investors in London and Hong Kong. The Series A financing, led by Cassia Investments, will be used to fund rapid expansion…
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