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#MoMo

Every story tagged #MoMo on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

4 stories in this topic

momo
Finance
1 min read

E-wallet MoMo buys stake in securities firm

The owner of e-wallet MoMo has purchased more than 4.4 million shares, or a 49 stake, in Hanoi-based CV Securities JSC (CVS). The deal was struck Thursday and Online Mobile Services JSC, or M Service, has received more than 4.4 shares from two shareholders of…

DRP 2619 2048x1367 1
Finance
1 min read

Mobile wallet MoMo says valuation tops $2 bln after funding

Vietnam’s biggest e-wallet company, MoMo, said it had raised $200 million from four investors led by Mizuho Bank, pushing its valuation above $2 billion. The consortium of investors also comprised Ward Ferry Management and existing shareholders Goodwater…

momo
Finance
1 min read

Momo becomes first Vietnamese Fintech 100 firm

Vietnam’s mobile, electronic wallet and payment application Momo is among the top 100 innovative fintech companies in the world. This is the first time a Vietnamese firm has broken into this special group, positioned 84th. Momo is also in the “Emerging 50”…

momo 2
E-Tailing
1 min read

Vietnam payment platform wins PE funds

A Vietnam payment platform start-up has received a US$28 million shot in the arm from private equity investors. M_Service, which launched the mobile e-wallet MoMo, received the boost from Standard Chartered Private Equity (SCPE), which invested $25 million,…