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Vietnam Delivery Startup Loship Eyes Rare US IPO – Nikkei

Ho Chi Minh City-based Loship has attracted 2 million customers in Vietnam’s fast-growing market and is fresh off a $12 million funding round


Loship said it hopes to debut on the New York Stock Exchange by 2024. Photo: Loship

 

Delivery startup Loship is looking to become the first Vietnamese company to list on a US stock exchange in more than a decade, its CEO told Nikkei Asia.

Fresh off a $12 million funding round co-led by Ant Group-backed BAce Capital, Loship said it hopes to debut on the New York Stock Exchange by 2024, after reaching profitability in 18 to 24 months. Full story: Nikkei Asia

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.