Shark Tank Vietnam Season 5 Episode 1: Shark Hung Anh Has Just Joined Shark Tank And Challenged Shark Hung To An Auction, Winning The Right To Negotiate With An Adventure Tourism Startup.
07 Jun, 2022 (GMT+7)Export To PDF
New things of Shark Tank Viet Nam season 5
Continuing the mission of connecting startups with investors, Shark Tank Vietnam officially returns to season 5 at 8pm every Sunday on VTV3, starting to broadcast episode 1 on June 5, 2022 .
In this season 5, Shark Tank Vietnam has a new classy and luxurious identity with the presence of leading European furniture brands, expressing the desire for a prosperous Vietnam.
Shark Tank Vietnam season 5 applies two new rules of the game. These are Golden Ticket - Golden ticket for priority negotiation and Duel Pitch - Duel, adding drama and bringing more opportunities for startups.
Shark Tank has brought a strong breakthrough opportunity for startups who are participating in the program. At the end of season 4, Shark Tank Vietnam recorded 5 startups successfully appraised and disbursed including: Coolmate, King Crab, Anhome, BluSaigon and Cello Fundamento.
Episode 1 Shark Tank Vietnam season 5 welcomes 3 business models
Episode 1 aired on VTV3 on June 5, 2022 has launched 3 startups in 3 industries and 3 different business models.
- Jungle Boss - a startup that opens adventure tours, founder Luu Dung
- EM & AI - a startup providing automated customer care solutions using Voicebot AI, founder Le Ngoc Tri
- Hana Gold - Gold business startup accumulated on the 4.0 technology platform, founder Hana Ngo
Episode 1 marks the impressive debut of the startup Jungle Boss - a company operating in adventure tourism and cave exploration in Phong Nha - Ke Bang National Park, Quang Binh province. Founder Luu Dung called for 12 billion for 10% of the company's shares and expressed his desire to accompany the Sharks to bring people closer to nature and overcome their limits. The reason for raising capital is to invest in developing new products of Jungle Boss: paragliding and high-end camping.
The next startup to raise capital is Le Ngoc Tri - Co-founder and CEO of EM & AI startup, Vo Huu Truong An - in charge of product and customer experience. Two representatives of EM & AI came to Shark Tank and demanded 1 million USD for a 5% stake to provide a global solution of Voicebot AI – automatically calling customer care with artificial intelligence voices.
The last startup to appear in Shark Tank Vietnam season 5 episode 1 is Hana Ngo – Founder and CEO of HanaGold. Hana Ngo calls for an investment of $200,000 for a 10% stake. Regarding the business model, Hana Ngo said that this is a form of deposit to buy gold. HanaGold builds a website and mobile application for customers to recharge and buy accumulated gold from only 100,000 VND.
Realizing the potential of adventure tourism industry, Shark Hung Anh and Shark Hung auctioned the Golden Ticket for prioritizing to negotiate with the startup Jungle Boss.
Founder Luu Dung said that from 2016 to now, Jungle Boss has welcomed more than 40,000 visitors. Jungle Boss's main sales channel is online, accounting for 90%. Before pandemic, the number of foreign tourists accounted for 90%, Vietnamese tourists accounted for 10%, but after the pandemic, the number was reversed, Vietnamese tourists accounted for 90%.
The Swing tour product is attracting a lot of visitors, the price is also high, so increasing sales is possible. He also revealed that, in the first 4 months of 2022, Jungle Boss had sold this swing tour to nearly 500 guests. He also said that with 8 Jungle Boss products, the company has only reached less than 30% of its capacity. Jungle Boss has plans to preserve and protect the environment to be approved by the Provincial Committee such as limiting the number of guests, solutions for littering and going to the toilet indiscriminately...
After Covid-19 pandemic, economy recovered as well as domestic and international tourism markets also showed optimistic signals. Shark Le Hung Anh is especially interested in this start-up adventure tourism product. With more than 10 years of experience in the field of tourism, Shark Hung Anh is always passionate about new projects and products in tourism, meeting the needs of domestic and foreign customers.
Shark Hung Anh has invested his enthusiasm and experience in applying technology to tourism products, bringing a smarter and more convenient travel experience to global customers. Traveler Vietnam was born to bring pride because it is a product of Vietnamese intelligence and has marked and resonated in the international tourism market.
Sharks constantly attract startups with their inherent strengths as well as ways to help Jungle Boss develop in the future. After two Sharks "left the tank", the remaining 3 Sharks, Shark Hung Anh, Shark Hung and Shark Binh all decided to invest in Jungle Boss.
Shark Hung Anh decided to increase the amount of capital poured into Jungle Boss with an offer of 20 billion for 30%. This was followed by the Golden Ticket auction between Shark Hung and Shark Hung Anh, gaining the priority to negotiate with the startup Jungle Boss.
After Shark Hung gave the number 100 million for his golden ticket, Shark Hung Anh immediately raised it to 150 million. Two Sharks continued to "struggle", the number on the golden ticket continuously increased, from 160 million, 200 million, 250 million, 270 million, 300 million, 310 million. In the end, Shark Hung closed the number of 400 million on the golden ticket and Shark Hung Anh stopped negotiating with the startup.
Closing the deal, Jungle Boss became Shark Hung's first successful deal in Shark Tank season 5. In addition, the EM&AI project that Shark Lien closed the deal with, poured 100,000 USD in advance for 2 months, if the start-up KPI is not met, it must be refunded. money back. The Hana Gold startup did not receive an offer due to the risky and unfeasible business model.
Watch Shark Tank Vietnam season 5 episode 1 at: https://youtu.be/UP0d-iozWKg
Follow Shark Le Hung Anh at: https://www.facebook.com/SharkLeHungAnh
For more information, please contact:
BIN Corporation Group’s Communications Department
Email: [email protected]
Tel: 1800 6169 – Branch: 009