January 24

Vietnam’s Con Cung Secures $90 Million Investment From Quadria Capital

Vietnamese maternity and baby product retailer Con Cung has secured a $90m investment from healthcare-focused private equity firm Quadria Capital.

The company plans to use the proceeds to support its expansion, with the aim of opening 2,000 local stores by 2025.

Con Cung will also use the fund to add to its product portfolio and develop an all-in-one ‘super app’ to offer personalised maternity products and services.

Photo courtesy of sergio Santos.

Source: Retail Insight Network (link opens in a new window)

Health Care
healthcare, healthcare delivery, investment, mobile applications, private equity, youth