Yeah1 targets VND2.7 trillion in revenue in 2021

Wednesday, Apr 28, 2021 19:00

The signing ceremony between Yeah1 and partners to set up alliance in HCM City on Monday. – VNS Photo

Digital media company Yeah1 announced a revenue target of VND2.7 trillion (U$117 million) for 2021 at its annual general meeting in HCM City on Tuesday.

Its after-tax profit target is VND4 billion ($173,800).

To achieve the targets, it said it would tie up with GigaGoods, GigaCare, Savory, Mouty, and Degree, which are in the dairy, beverages, coffee, food spicies, and cosmetics sectors.

Under the alliance, their products will be traded on Yeah1’s Giga1 platform.

It is expected that on May 25 the first products from the Mr. Kitchen brand like soy sauce, fish sauce, oyster sauce, meat marinade, chilli sauce, ketchup, and seasoning will be available on the market.

The remaining products will be launched soon. In another development, Yeah1 on Tuesday announced.

Founded in 2006, Yeah1 Group Corporation is one of the largest digital media corporations in Viet Nam. In 2018 it became the first media company in Viet Nam to list on the stock market. It offers original content to local audiences and globalises these entertainment products. — VNS

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