![]() ![]() Its CEO, Victor Lavrenko, said he is “very excited” to have Hubert Burda Media as a business partner. “We are convinced of its ability to rapidly develop and launch new features and products that are welcomed by Vietnamese users.”Ĭoc Coc currently employs more than 200 specialists from all around the world. "Coc Coc already reaches a very big audience, shows remarkable technological competitiveness and strong growth,” Kennedy said. The Hanoi-based tech company launched its main products, including the Coc Coc Browser, Coc Coc Search engine, Coc Coc advertising, and a geo location application called “Nha Nha”, in April 2013 and has acquired leading positions in the Vietnamese market, according to Hubert Burda Media. “We are really pleased to welcome Coc Coc to be a part of our portfolio in Asia and are expecting further development of the company in the near future,” Peter Kennedy, executive chairman with Hubert Burda Media in Asia, said in a statement. Hubert Burda Media, which is responsible for over 400 print and digital consumer brands, announced the investment in a press release on its website on Tuesday, but did not elaborate on the scale of the investment. ![]() > An audio version of the story is available here One of Germany's largest media groups has invested in Coc Coc, a Vietnamese startup whose products ambitiously seek to challenge the search and browser market share of Internet giant Google in Vietnam. ![]()
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