SMART HOME

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The enterprise has signed a strategic cooperation with Tuya Smart - the global IoT platform and the largest AI-based interaction platform in the world, covering 200 countries such as the US, China, Europe, the Middle East and ASEAN. Instead of building a closed platform that costs, time and limits the ability to expand the product portfolio, the business chooses to join the opensource platform development community. This makes it easy for businesses to integrate a portfolio of more than 30,000 products from more than 10,0000 manufacturers around the world into one application. After a period of investment and research, the company's products are now available to the market and have impressive sales: The last four months of 2019 and the first two months of 2020 are more than 500 million VND. Product features of the business are distinctively different from competitors in the same industry even big brands in terms of durability, customization and sophistication.

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The estimated smart home market worldwide in 2020 is 90 billion USD. Meanwhile, the smart home market in Vietnam in 2018 is 44 million USD, expected to be 163 million USD by 2020 (Growth rate is nearly 400%). With potential growth rate and a team of qualified and experienced technical experts, the business promises to be a potential enterprise for investors, investment funds, large corporations both domestically and internationally.

Enterprises are in need of companions, especially venture capital funds, strategic investors to jointly develop the smart home field.

Enterprises hope to call up 1.5 billion VND to invest in researching new products, developing the market and raising the brand name.