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VNG | |
Native name | Công ty Cổ phần VNG |
Formerly | VinaGame[1] |
Company type | Joint Stock Company |
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Industry |
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Founded | 9 September 2004; 20 years ago (2004-09-09) |
Headquarters |
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Key people |
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Products |
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Services |
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Revenue | 7.8 trillion VND (2022) |
-1.08 trillion VND (2022) | |
Number of employees | 2700 (2018) |
Website | vng |
VNG Corporation (Vietnamese:CTCP VNG,lit. 'VNGJSC'), also recognized by its former brand name,VinaGame (VNG), is a Vietnamese technology company founded in 2004. It specialises indigital content, online entertainment,social networking, ande-commerce.[2] Its focus is on four main businesses, including online games, platforms, digital payments, andcloud services. VNG is responsible for the development of products such asZalo, ZaloPay, Zing MP3, and 123phim.[3]
According to theASEAN Post, the company is "Vietnam's first everunicorn start-up".[4]
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VNG was founded on 9 September 2004, under the name VinaGame.
VNG has two Tier-3 standard data centers, located inHo Chi Minh City andHanoi.[10]
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Zuni is an online nonprofit educational project funded and operated by VNG and VNIF, which was officially published in March 2014.[11]
Zing MP3, a music streaming service, was launched in August 2007. Its smartphone application went on to become one of the few most frequently downloaded apps in Vietnam.[12]
Zing Me is a social network operated by VNG, introduced in August 2009. It is integrated directly via the Zing system, with a variety of special applications like blogging, photo and music sharing, gaming, video clips, and email. In addition, Zing Me was the first social network in Vietnam that had the properties of a platform. In March 2010, Zing Me launched its first version for mobile phones.[13]
Zalo is a free message and call application on mobile and desktop, released on 8 August 2012 for iOS, Android, and Windows phones.
In 2010, VNG created the online payment platform 123Pay. It is the successor to and developed on the ZingPay platform, used for VNG's online games since 2005.
ZaloPay is adigital and personal payment platform.[14]
Cyber Station Manager (CSM) is afree software from VNG for managing internet agencies. The first version of CSM was published on 2 February 2006.
On 23 and 24 February 2009, inspectors discovered software copyright infringement worth VND 5 billion (around US$295,000) during a sudden raid on Vinagame headquarters in Ho Chi Minh City.[16]
In August 2020, VNG sued TikTok for $9.5 million, alleging copyright infringement.[17]
In April 2014, VNG received the "Third-class Labor Medal", signed by the president of Vietnam and awarded by the prime minister to Lê Hồng Minh, VNG's chairman and CEO.[18]