SPOTLIGHT ON INVESTEE COMPANIES · 2019. 1. 31. · gateway, Momo e-wallet, and Post & Telecom...
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MEKONG CAPITAL – 4Q18 NEWSLETTER for the quarter ended 31 December 2018 SPOTLIGHT ON INVESTEE COMPANIES VUA NEM Sector: Bedding & Mattress Retail www.vuanem.com NEW STORES OPENED IN 4Q18 20 Vua Nem expanded its footprint by opening 20 new stores in 4Q18, reaching 65 stores across the country. The company successfully built the capability to open 8 stores within 1 week and take only 6 days from signing leasing contract to store opening. This is a critical milestone for the long-term development of the company and for achieving its vision. SPOTLIGHT ON INVESTEE COMPANIES
Transcript of SPOTLIGHT ON INVESTEE COMPANIES · 2019. 1. 31. · gateway, Momo e-wallet, and Post & Telecom...
MEKONG CAPITAL – 4Q18 NEWSLETTERfor the quarter ended 31 December 2018
SPOTLIGHT ON INVESTEE COMPANIES
VUA NEM
Sector: Bedding & Mattress Retail
www.vuanem.com
NEW STORESOPENED IN 4Q18
20
Vua Nem expanded its footprint by opening 20 new stores in 4Q18, reaching 65 stores across the country. The company successfully built the capability to open 8 stores within 1 week and take only 6 days from signing leasing contract to store opening. This is a critical milestone for the long-term development of the company and for achieving its vision.
SPOTLIGHT ON INVESTEE COMPANIES
F88
YOLA
Sector: Personal Lending
www.f88.vn
Sector: English Language
Training Centers
www.yola.vn
OPENED FIRST
4 STORES IN HO CHI MINH CITY
58%REVENUE GROWTH YOY
With the presence of 11 centers in both Ho Chi Minh City and Hanoi, as of theend of December 2018, YOLA has achieved 58% YoY revenue growth.
F88 opened its first four stores in Ho Chi Minh City in 4Q18, raising the totalnumber of stores to 46, marking a critical milestone in F88’s expansion plannationwide. The company raised a new round of financing from Granite Oak Advisors. The new investment will be used to expand the chain of F88 stores in Ho Chi Minh City as well as increasing its lending book.In 4Q18, F88 also signed strategic co-operation contract with Payoo paymentgateway, Momo e-wallet, and Post & Telecom Insurance company, allowing customers to make bill payments, transfer/withdraw money and buy insurance at all F88 stores.
ABA CORPORATION
Sector: Cold-chain Logistics
www.aba.com.vn
REDWOK
Sector: Restaurant Chain
in
www.redwok.com.vn
NEW LOCATIONS OPENED IN 4Q183
COLD STORAGE FACILITY
ACQUIRED
-PALLET24,000
In 4Q18, Red Wok opened 2 new locations, including a Wrap & Roll restaurant in District 2 (Ho Chi Minh City) and a Lau Bo Saigon Vivu in Bien Hoa (Dong Nai Province). The company now operates 26 locations across the country. Quan Ut Ut also expanded its BiaCraft footprint with the opening of its 5th location in Ho Chi Minh City, bringing the total network to 8 locations across its two brands.
ABA completed the acquisition of a 24,000-pallet cold storage facility in Ho Chi Minh City. Combined with the cold storage warehouse in Hanoi, ABA’s total capacity amounts to 37,000-pallets, making it the largest integrated operator in Vietnam’s cold chain sector. ABA’s ability to now offer end-to-end solutions nationwide has led to their success in securing several multi-year integrated contracts with strategic clients.
NHAT TIN
Sector: Express Delivery
www.ntlogistics.vn
NET REVENUEINCREASED
YOY35%
BEN THANHJEWELRY (BTJ)
Sector: Jewelry Retail
www.btj.com.vn
www.precita.vn
PRECITA OPENED
5 NEW STORESIN 4Q18
In 4Q18, Red Wok opened 2 new locations, including a Wrap & Roll restaurant in District 2 (Ho Chi Minh City) and a Lau Bo Saigon Vivu in Bien Hoa (Dong Nai Province). The company now operates 26 locations across the country. Quan Ut Ut also expanded its BiaCraft footprint with the opening of its 5th location in Ho Chi Minh City, bringing the total network to 8 locations across its two brands.
With over 30,000m2 of warehouse space, 250 trucks and nearly 200 post offices, Nhat Tin now has a strong foundation to provide a wide range of logistics services including express delivery, warehouse to warehouse delivery and delivery for e-commerce. Driven by growth across both B2B and walk-in segments, net revenue increased 35% YoY in 4Q18, achieving the full year target.
BTJ’s Precita brand opened 5 new store locations in the 4th quarter, including its first store outside of Ho Chi Minh City, bringing the total to 18 stores. Meanwhile, Precita adjusted its merchandising strategy in order to focus on its core business ofbeautiful diamond jewelry at affordable prices.
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Some of data herein is the latest available to Mekong Capital at the date of this newsletter to be circulated. It might subject to be changed/updated lately.
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Ho Chi Minh City, Vietnam
Tel: (84 28) 3827 3161
Fax: (84 28) 3827 3162
E-mail: [email protected]
www.mekongcapital.com
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