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Vietnamese investor joins Metaverse, invests in Korean unicorn

VNG says that it has invested in the Korean unicorn startup Haegin, officially "jumping" into the Metaverse market and promoting its "going global" strategy.

According to VNG, in the series B round, Haegin raised around 81 million USD, officially becoming a Korean "unicorn" (startup with value of over 1 billion USD).

Besides existing investors such as Bon Angels Venture Partners and Storm Ventures, Haegin also received capital from Kakao Games, Nepture, Netmarble, KDB Industrial Bank, Lotte Ventures, NetEase and VNG in this round.

Founded in 2017, Haegin is the first mobile game company listed on KOSDAQ (Korea). From the very beginning, Haegin attracted more than 8 billion won from Storm Ventures, Tencent, Bon Angels, Cona Venture Partners, Dev Sisters... as well as the participation of leading experts in the game industry.

From this platform, Haegin launched a series of multi-genre games such as 'Home Run Clash', 'Overdogs', 'Extreme Golf', and 'Play Together'. The the metaverse game “Play Together” has reached 80 million global downloads and 4 million daily users (DAU) in less than 1 year (from April 2021). 

VNG's representative said that through investing in Haegin, VNG not only is expanding its business in the international market but also aims to become a global investor, especially in the field of Metaverse.

Dau Tu


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