
Currently, its Internet browser ranks after Google Chrome in the Vietnamese search tool market share.

Other products include Coc Coc Search, mobile location app Nha Nha and Coc Coc advertising platform. Hubert Burda Media, a well-known investor in the e-commerce industry, is one of Germany’s largest media groups, owning more than 400 printed and online publications.Ĭoc Coc launched the Coc Coc Internet browser in 2013. In addition to the search engine tool, the company plans to develop apps for mobile devices and expand to other markets in the region, including Indonesia, Thailand and Malaysia.

At that time, according to the company, the number subscribers using Coc Coc Search had touched the 23 million mark. Hubert Burda Media assists Coc Coc in expanding in the domestic online marketing segment while helping it launch its products in the Asian market. The German investment deal, therefore, brings the figure to a total of $34 million. The money was disbursed to the Vietnamese startup within 18 months. On 2015, Coc Coc co Ltd, the Vietnam-based search engine developer confirmed that it has received an investment of $14 million from Germany’s media platform Hubert Burda. Le Van Thanh, co-founder of Coc Coc and Peter Kennedy, Chairman of Hubert Burda Media in Asia during one news conference Besides the new product to be lanched by 2018, Coc Coc’s target is to strengthen its position in domestic market. Until the early 2017, the company reach balance in initial investment capital and revenue. The co-founder also briefs that Coc Coc accounts for 20 percent of Vietnam online commercial ads market, just behind Google and Facebook.


The developer applied useful tools to improve the quality such as grammatical error automatic solved, dictionary, fast download speed (can download mp3 file from video), shopping suggestion…etc. Le Van Thanh, co-founder of Coc Coc said, the web browser is currently serving more than 20 million users. However, one of the conditions is that the partner must release minimum revenue of one million USD/year. Beside Coc Coc, Hubert Burda Media is seeking cooperation with other Vietnam-based online service supplying start-ups. Answering VietnamPlus, Chairman Peter Kennedy highly appreciate Vietnam market as an attractive investment hub with strong online community.
