Startups
Vietnam Police Are Investigating Unicorn VNG, Company Says
- Reasons for investigation not provided in company statement
- Startup known for games postponed US IPO earlier this year
Employees inside VNG Corp.'s city campus in Ho Chi Minh City.
Photographer: Maika Elan/BloombergVietnamese internet startup VNG Corp., which previously planned a US initial public offering, is being investigated by Ho Chi Minh City police, the company said in an emailed statement.
VNG did not disclose the nature of the probe or how long it will last. The company “continues to actively cooperate with the authorities” during the on-going investigation, it said.
