Lozi Joint Stock Company today announced that it has been jointly invested by Golden Gate Ventures, an early-stage VC firm in Southeast Asia with 35 investments across 7 countries and DesignOne Japan, Inc., a Japan-based Internet media company.
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Lozi Application - Golden Gate Ventures and DesignOne Japan, Inc. to invest in Food & Beverage Sharing Mobile App Creator Lozi
1. Golden Gate Ventures and DesignOne Japan, Inc. to
invest in Food & Beverage Sharing Mobile App
Creator Lozi
The investment will fuel the existing fast growth of Lozi
HANOI, Vietnam, Dec. 4, 2015 – Lozi Joint Stock Company today announced that it has been
jointly invested by Golden Gate Ventures, an early-stage VC firm in Southeast Asia with 35
investments across 7 countries and DesignOne Japan, Inc., a Japan-based Internet media
company.
The details of the investment is not disclosed, but is a 7-figure amount, bringing Lozi to be
valued at a much higher value. The investment will enable Lozi to:
- Boost its development, providing its customers with more values throught its app and
website
- Faciliate Lozi on the way to become the top F&B sharing mobile app for Vietnamese
youth
- Develop technology that connects restaurant owners with users in real time
- Expand into Southeast Asia region
Golden Gate Ventures also brings to Lozi their consulting experience for various startups in
the region to advise Lozi on the stategies, technology and overall business development.
About Lozi
Lozi is a mobile application currently available in Vietnam. Their vision is to be a place where
people can find good food, drink and café places easily when needed. As of November 2015,
the number of users registered has increased to nearly 500,000. Lozi app can be downloaded
from Android Google Play and Apple iOS and also available as a web-based version.
Website: lozi.vn.
About Golden Gate Ventures
Golden Gate Ventures is an early-stage venture capital firm investing across Southeast Asia.
Since 2011, the firm has invested in 35 companies across more than 7 countries in Asia. The
firm invests in internet and mobile startups across many sectors, including e-commerce,
payments, marketplaces, mobile applications and SaaS platforms. Website: goldengate.vc
About DesignOne Japan
DesignOne Japan, Inc. is a Japan-based Internet media company mainly engaged in the
operation of Local information word-of-mouth site named Ekiten. The Ekiten site is a store
reviews ranking site, on which users can know well-established and popular stores in every
region of Japan. On Ekiten site, store owners can collect the feedbacks for its own store and
utilize it for operation management uses, while users can do store searching and read store
information in various industries. Website: www.designone.jp.
Media Inquiries:
Pham Quang Huy
Lozi, JSC