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Be Group

Be Group is a Vietnamese technology company that operates the Be ride-hailing and delivery platform.

MobilityTech

Startup Description

Be Group offers ride-hailing, delivery, and payment services. Be was founded in 2018 by Nguyen Huu Th. Be is one of the largest ride-hailing and delivery platforms in Vietnam. The company has over 18 million users and over 100,000 drivers. The company claims to hold a 35% market share in the ride-hailing sector of Vietnam.

The company expects to deliver 1 billion rides on its platform by 2026, up from 120 million in 2023, and to surpass $200 million in annual gross revenue in the same period.

In January 2023, Be Group secured 739.5 billion dong (approximately US$30 million) as a Series B investment from VPBank Securities, a subsidiary of Vietnam Prosperity Joint Stock Commercial Bank (VPBank).

Startup  Details

Venture Round

Series B

Website

Address

16th Floor, Sai Gon Tower, 29 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

Investors

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