KidsOnline among 2 startups showcased at Vietnam M&A Forum 2016 - KidsOnline
KidsOnline among 2 startups showcased at Vietnam M&A Forum 2016
Exclusive: Startups set to become new target of M&A activity in Vietnam
Vietnam is all set to have a record year for corporate deals in the startup space, led by venture capital firms. Investments in Vietnamese startups have grown from 10 deals in 2011 to a recorded number of 67 transactions in 2015, according to Hanoi-based accelerator Topica Founder Institute.
German media group Hubert Burda last year poured $14 million in search engine developer Coc Coc for an undisclosed equity holding, before a spate of other acquisitions were announced, including food delivery startup Vietnammm acquiring Rocket Internet-backed Foodpanda, South Korea’s Yello Mobile buying CleverAds and Websosanh, Alibaba taking majority stake in Lazada and Central Group buying Zalora, and NTT Data taking over Payoo.


Vietnam’s M&A activity reached over $5 billion last year and is expected to hit a record $6 billion in 2016, with some transactions amounting up to $1 billion. However, M&A activity within the tech startup space has been modest. Due to the early-stage status of the companies, deal value has been unable to hit the threshold that large M&A investors look at. “It is common across other markets that angel and VC money is the appropriate funding for startups,” said a Vietnam-based investment partner for an international venture capital firm, who asked for anonymity.

Low M&A activity in startups was not because of low traction or valuation, the venture capitalist said, adding that startups themselves did not want M&A from corporates, because it tends to limit their operational independence. However, the outlook for M&A in startups looks encouraging going forward as economists expect it to be in sync with the otherwise buoyant market. Vietnam’s ranking as target country for M&A has jumped 9 spots from 2014 to become the 15th most attractive market in 2016, revealed the Institute for Mergers, Acquisitions and Alliances.

The agency also said deal size here had been increasing since 2012.

Most of the venture capital firms that are looking at Vietnam have encouraged local startups to have localized strategies, which will be more attractive for players seeking M&A.

The bright spot

Many large international companies have embraced the trend of working with or investing in startups to tap into their innovations or teams. Non-tech groups like P&G have been tapping into startups for years, and General Motors (recently making a $1 billion acquisition of self-driving startup Cruise Automation), Unilever ($1 billion spent on Dollar Shave Club) and Walmart ($3.3 billion in are a few that are active.

In Vietnam, deals below $3 million are under the radar of investors. However, by showing up at the Vietnam M&A Forum, local startups got their chance to be noticed.

“It is always good for the industry to know what’s in the pipeline. For anyone who is involved in the M&A field right now, it would be worth their time and attention to spend a small percentage of their time tracking the pulse of the startup scene in Vietnam and in the region,” said Aaron Everhart, a board member at HATCH! Ventures, Vietnam’s four-year incubator, whose two incubated startups, mobile market research app Q&ME and cloud-based management system for kindergartens KidsOnline, were present at the forum.


He said that more M&A in startups made sense as established corporations had already been aware of innovation within their companies. The presence of startups at the forum was “absolutely relevant and critically important for competitiveness in the future,” he added.


Mr Binh – CMO of KidsOnline – answers the interview of VTV

Creating more exposure to the public, in addition to strengthening the capacity of the founders and making sure to have validated authentic demand, are crucial in building brand for startups and making them attractive to investors.

Read more at:

Related news
KidsOnline speaks at the international workshop “Online education ecosystem – models, organization and quality assurance factors”
On Oct 27th, 2020, the Vietnam Institute of Educational Sciences partnered with Hanoi Open University to co-organize an international workshop on the topic of “Online education ecosystem – model, organization and quality assurance factors”. As reported by Dan Tri, online education has been identified as a domain that needs special attention and is strategic by […]
Read more
Time to turn ‘green thoughts’ into ‘green actions’
with UNICEF Vietnam’s ‘1-minute green’ video challenge
Dear friends, the central provinces of Viet Nam are currently suffering from the devastation of floods due to the impact of climate change and the consequences of environmental destruction. It’s high time to turn ‘green thoughts’ into ‘green actions’. Any action to tackle climate change and protect the environment, even smallest ones, can have a […]
Read more
REIMAGINE TALK: Digital Transformation in Viet Nam
Ha Noi, 9 October 2020 – An inspirational talk has been held today in Hanoi highlighting key challenges and opportunities that Viet Nam faces in narrowing the digital gap. Organized ahead of the MOET-ASEAN-UNICEF conference on Digital Transformation of the Education System throughout ASEAN, the Reimagine TALK aims to explore ways in which parents can engage […]
Read more
KidsOnline School Manager app launched on time for 2020-2021 new school year
Happy New School Year to our Kindergarten Managers and Headmasters! In time for the 2020-2021 schoolyear, KidsOnline presents the vastly enhanced KidsOnline School Manager app, for you to manage daily operation right from the convenience of YOUR PHONE: ✅ Dashboard and detailed attendance reports, available for both single and multiple campuses; ✅ Dashboard and real-time […]
Read more
KidsOnline and UNICEF call on parents and students to join the campaign “thank you for teachers” and share on social networks.
Hanoi, 5 September 2020 – As a majority of students in Viet Nam are set to return to school to begin the new academic year, KidsOnline and UNICEF are recognizing the crucial role that teachers have played in the last months to keep children learning while schools were closed during the COVID-19 pandemic. UNICEF calls […]
Read more
Five days, 63 sets of customized COVID-19 manual made ready for the new school year
In an effort to support Vietnam Ministry of Education and Training and provincial Department of Education and Training with the up-coming reopening of schools, Med247 and KidsOnline  took initiative to compile covid19 communication materials from UNICEF (“My Hero is You”), Ministry of Health  and CDC Viet Nam into “COVID-19 Manuals for Schools and Preschools” in […]
Read more
Made-in-Vietnam KidsOnline – Next step for 4.0 preschool education
In alignment with the technology boom in Industry 4.0, the education sector is adapting new smart technology solutions to increase efficiency. KidsOnline, an emerging-wanted technology solution for preschools using advanced technologies of the world-famous technology leader Amazon Web Services (AWS), is growing rapidly thanks to its multi-benefits for preschools managers, parents, and children. KidsOnline, a […]
Read more

Sign up for
kindergarten demo KidsOnline