DFJ VinaCapital Venture Investment has announced that it divested its entire 4.87% stake in Yeah1 Group Corporation (YEG).

The VN-Index has been in the top of the world's strongest stock indexes since the beginning of the year with an increase of more than 16%. Over the past year, the index has increased by nearly 50% despite the Covid-19 pandemic.

A new programme execution app called MEGA1 has surprised the market by topping one million downloads in just over a month after its launch.

President of Hoang Anh Gia Lai Group Doan Nguyen Duc decided to spend VND240 billion to buy back HAGL bonds, while the owner of Yeah 1 lost VND2.2 trillion in 2019.

In early December, many Facebook users received ads about a service – eliminating Facebook accounts – on the social network.

Nguyen Anh Nhuong Tong, president of Yeah1 Group, said that Yeah1 will help local newspapers compete equally with Google and Facebook in terms of revenue if the press agencies cooperate with Appnews Vietnam.

The trouble with Yeah 1 has affected investors’ view on Vietnam’s technology firms, which need more venture funds.

Yeah1’s subsidiaries are still on YouTube after the termination of their contract at the end of last month, as YouTube has agreed to give the company more time to move its content from the YouTube platform, Thanh Nien newspaper reported.

Yeah1 (code:YEG) casts a chill over its shareholders due to no signs to buy back millions of YEG stocks as it promised before.

VietNamNet Bridge - Yeah1, the multi-channel network on Youtube and Facebook, has launched a system allowing the sharing of revenue from videos posted on Facebook with fanpages that have at least 10,000 likes in Vietnam.