Concung
Ho Chi Minh City
About Concung
Concung Corporation is an extremely fast growing technology company for mom & baby products with one new store opened every day with the annual growth rate of 70%. By the end of 2022, the revenue is more than $500 million USD with 1,000 stores & 10 flagship hubs. Concung has more than millions of e-commerce users. With the vision of providing good quality products for moms, babies and kids from newborn to 12 year old. Con Cung addressable market size is more than 50 millions of population. It positions to cover all products and services for this market. As a tech company, Con Cung develops strong IT infrastructure for its e-commerce, hub/retail network, supply chain and operation/sales automation. Concung also invests into Research and Development in order to manufacture and provide products that are suitable and superior to the local market in terms of quality and pricing. All of the products must follow strict safety standards. With its extremely efficient management capability, the company is highly profitable with minimal capital investment. Con Cung maintains profitable even at the first year of establishment and shows to be a resilient business even during the Covid-19 pandemics. Concung Corporation is dynamic and vibrant. The management team are mostly in the age of 30s. Many of them are now holding the director positions with highly competitive benefit packages. The corporate culture is transparent, result oriented and fast decision making. The company nurtures and supports the creativity and originality of ideas. The working environment allows talents to prosper and promote quickly.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1,001 – 5,000
- Estimated revenue: $10K – $50K
- Total funding: $106.8M
- Funding stage: Private Equity
- Last round: Private Equity (Jan 2022)
- Website: concung.com
- Phone: +84 1800 6609
Industries & Categories
Consumer Goods, E-Commerce, Manufacturing, Retail Technology
Social Profiles
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