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AI takes centre stage in Vietnam's tech revolution | Borneo Bulletin Online

AI takes centre stage in Vietnam's tech revolution | Borneo Bulletin Online
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Vietnam's Startup Rino Finalizes $3M Pre-Seed Round to Tap into Nation's Quick Commerce Opportunity

Vietnam's Startup Rino Finalizes $3M Pre-Seed Round to Tap into Nation's Quick Commerce Opportunity
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Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed – TechCrunch – Bestgamingpro


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Vietnam has one of many fastest-growing e-commerce markets in Southeast Asia, however many main platforms nonetheless give attention to giant cities. This implies individuals in smaller cities or rural areas have to cope with longer wait occasions for deliveries. Social commerce firm Mio is benefiting from that hole by constructing a reseller community and logistics infrastructure that may provide next-day supply to tier 2 and three cities.
The startup, which presently focuses on recent groceries and plans to develop into extra classes, introduced in the present day it has raised $1 million in seed funding. The spherical was co-led by Venturra Discovery and Golden Gate Ventures. Different individuals included iSeed SEA, DoorDash govt Gokul Rajaram and Vidit Aatrey and Sanjeev Barnwal, co-founders of Indian social commerce unicorn Meesho. ....

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