CyVee.com, Vietnam's first professional social networking platform, secured investment from IDG Ventures to enhance its services and capitalize on market growth.

Target Information

CyVee.com is recognized as the first social networking platform designed specifically for professionals in Vietnam. The company was initially launched as vnSpoke.com in March 2007 and has grown to become a significant player in the online networking space for Vietnamese professionals. Following its beta launch, CyVee.com has consistently aimed to enhance user experience and engagement through a series of upgrades, culminating in the release of its latest version on October 30, 2007.

The platform primarily serves as a professional networking site, allowing users to connect, share, and collaborate within their respective industries. It offers features tailored to the demands of the Vietnamese market, including job postings, professional profiles, and industry-specific forums, catering to a diverse range of professional users.

Industry Overview in Vietnam

The social networking industry in Vietnam has seen significant growth in recent years, driven by an increasing internet penetration rate and a burgeoning population of young professionals. Vietnam's digital landscape has beco