ESP Capital and Nextrans Investment Fund pour capital into Ecomobi

On December 27, 2018, Ecomobi announced that they had completed the second round of funding from two large investment funds ESP Capital and Nextrans. Investments from ESP and Nextrans will be used to perfect Ecombi's products, diversify sales channels and develop new markets.

Ecomobi CEO Truong Cong Thanh said, Ecomobi is built on two main technology platforms: Artificial Intelligence/Machine Learning (AI/Machine Learning) and smart recommendation system (Smart Recommendation System).

According to self-published data, in 2016, Ecombi's first product helped brands increase 1.5 million installs after only 9 months of launch. Ecomobi hopes to connect businesses directly with advertising optimization experts and content creation communities through revenue sharing.

Ms. Le Hoang Uyen Vy, executive director of ESP Capital, said that the Internet economy in Southeast Asia is currently 72 billion USD, and is expected to reach 240 billion USD by 2025, equivalent to the annual growth rate. year more than 22%. “As industries such as e-commerce (e-commerce), financial technology (fintech) or on-demand apps such as ride-hailing and food delivery develop rapidly, the demand for The use of highly committed advertising and sales connection platforms like Ecomobi will grow strongly," said Ms. Le Hoang Uyen Vy.

Nextrans is a venture capital fund from Korea, specializing in seed-stage investments. To date, Nextrans has invested in over 60 companies in many different countries, helping to raise a total of more than $400 million in capital for the companies in its portfolio.

Quoted from: Investment Newspaper
https://baodautu.vn/quy-dau-tu-esp-capital-va-nextrans-rot-von-vao-ecomobi-d93242.html