Vuihoc
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Vuihoc - overview
Established
2019
Location
Hanoi, -, Vietnam
Primary Industry
Education/Training
About
Based in Vietnam, Hung Vuong Education and Technology Joint Stock Company operates as an online learning platform that enhances educational access for students from grade 1 to 12 through innovative technology and tailored learning solutions. Founded in 2019 and headquartered in Hanoi, Vietnam, Hung Vuong Education and Technology Joint Stock Company focuses on providing educational services through its online platform, Vuihoc. vn. The company has engaged in four funding rounds, with its most recent Series A round securing USD 6.
000 mn in July 2023 led by TNB Aura, with participation from several investors including Colopl Next and Do Ventures. The CEO and founder, Lam Do, has experience in educational technology ventures. Vuihoc. vn is a leading online learning platform in Vietnam, primarily catering to students from grade 1 to 12.
The platform offers a comprehensive range of educational services, including courses in Mathematics, Vietnamese, and English, designed to enhance students' creativity and logical thinking. Facilitated by experienced educators, these courses utilize innovative teaching methods and technology to provide a personalized learning experience. Vuihoc. vn serves a diverse client base across urban and rural areas of Vietnam, facilitating educational needs through structured online courses, practice tests, and supplementary materials.
In 2023, Vuihoc. vn generated revenue of USD 1,337,305. 70 with an EBITDA of USD -126,615. 70.
The platform primarily earns revenue through subscription-based models and individual course offerings, adopting various pricing plans to cater to the educational needs of its clients. In July 2023, Hung Vuong Education and Technology Joint Stock Company raised USD 6. 000 mn in Series A funding, which will be utilized to invest in artificial intelligence to enhance individualized learning experiences for students and expand its product offerings. The company aims to introduce new products by the end of 2024, targeting specific markets in Southeast Asia for expansion to provide accessible education in the region.
Current Investors
Do Ventures, Vulpes Investment Management, Colopl Next
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Services
Website
www.vuihoc.vn
Verticals
EdTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Vuihoc - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | 3,963,390,055 | 3,963,390,055 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | (216,588,651) | (151,482,804) | - | - | - |
| Operating Income (USD) | (216,588,651) | (151,482,804) | - | - | - |
| Operating Margin | (5.5%) | (3.8%) | - | - | - |
| % EBITDA Margin | (5.5%) | (3.8%) | - | - | - |
| NET Income (USD) | (215,823,387) | (150,717,540) | - | - | - |
| % Net Margin | (5.4%) | (3.8%) | - | - | - |
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