• IDGVV Press Releases

Webtretho.com receives investment from IDG Ventures Vietnam

Ho Chi Minh City, February 28th, 2008

On the special occasion of Webtretho’s 6th “birthday,” we are happy to announce the investment of IDG Ventures Vietnam in Webtretho Information Joint Stock company (www.webtretho.com).

Webtretho.com is the first website in Vietnam where families from all walks of life can learn about and share knowledge about raising a family. The website was born from the practical need of young Vietnamese families who want advice about caring for babies.  It contains professional advices, as well as a 100,000 strong member-forum which offers the unique opportunity for families to share valuable experience in raising happier and healthier children.
Webtretho is celebrating its birthday with 5,000 loyal members at a party in Ho Chi Minh City, and another one in Hanoi.

“IDG Ventures’ investment will further catalyze the development of Webtretho. Managing Director of Webtretho,” Ms. Ha Hong Hao, said “Up to now, we have had good facilities to perform and accomplish our goals. With the strategic boost from IDG Ventures’s capital and expertise, we will leap-frog towards our objectives: building new facilities, recruiting top personnel,… The Internet connects people with each other so we believe that Webtretho is a big family for everybody.”

With strong support, Mr. Rachan Reddy, General Partner of IDG Ventures says: “We believe in the need for a baby- and family-oriented forum in Vietnam. It fits well with the country’s culture of sharing and family values.  Webtretho is uniquely positioned as the incumbent market leader, and with its strong management team and IDG’s help, Webtretho has great growth potential”.

Information about Webtretho.com:

Webtretho.com has grown upon the sharing and robust relationships between members of the forum. All members have the common concern to “take care of our children in the best way” and can rely on Webtretho consistent and practical information.  Members of Webtretho exist not only in Vietnam, but also worldwide where Vietnamese families are living and raising their children with Vietnamese influence.  Hope comes from family.  Supportive families help increase industrial productivity.

Webtretho was born on March 9th, 2002 in Ho Chi Minh City. Its slogan “All for the children” summarizes the niche in which Webtretho exists, and the reason for its loyal following.  When you visit the website, you will find all the necessary information to take care of your children as well as your family.
A dynamic forum with the headings: Our story, Father’s story, Mother’s story, and Baby’s story are areas to gather different and unique perspectives in order to confide and share with others in the same situation.

In addition to online activities, members can also coordinate social activities with each other and to help families in need.

For further information, please contact:
Ms. Ha Hong Hao – Managing Director
60/1 Ton That Tung, Ben Nghe Ward, District 1, HCMC
Tel: +84 8 925 4263
Fax: +84 8 925 4280
Website: www.webtretho.com
Email: hao.ha@webtretho.com

About IDG Ventures Vietnam

IDG Ventures is a global network of venture capital funds with over $2 billion under management and a portfolio of over 220 companies built over the last 15 years. The IDG Ventures network is comprised of six independent partnerships managing funds in North America and Asia. Each partnership makes investments on behalf of its limited partners, including International Data Group (IDG), the world’s largest IT media company. By combining the IDG platform – an unparalleled combination of global publishing, market research (IDC), and conferences and exhibition resources – with years of hands-on experience in early-stage company building, each IDG Ventures fund helps companies understand their markets better and penetrate them faster than their competition.

With partnerships in Boston, San Francisco, India, Korea and multiple locations throughout China and Vietnam, the IDG Ventures network offers the international perspective and the local market expertise to help companies grow from start-ups to global success stories. Previous investments by the firm include Excite, F5 Networks, Netscape, Spinner.com, VA Linux, and Baidu.com.

Founded in 2004, IDG Ventures Vietnam (IDGVV) is the first American technology venture capital fund in Vietnam. With $100 million under management, IDGVV invests primarily in privately-held, early to middle-stage technology, media, and telecom companies in Vietnam and Southeast Asia. The Fund works closely with the diverse, high growth companies in its portfolio and provides deep support to its entrepreneurs. IDG Ventures Vietnam has invested in a diverse portfolio of leading technology firms including: VinaGame, VinaPay, iSphere, Goldsun Focus Media, Vega, MSS, YeuAmNhac, DreamViet,…

For further information, please contact:
Ms. Duong Thu Huong
Operations & PR Manager, IDG Ventures Vietnam
SunWah Tower, Suite 1108
115 Nguyen Hue St., District 1, Ho Chi Minh City, Vietnam
Tel: +84 8 827 8888
Fax: +84 8 827 8899
Website: www.idgvv.com.vn/en