In 2019, Egroup raised its investment to VND45 billion in Soya Garden. In April 2019, the group announced an additional investment of VND55 billion, raising the total investment to VND100 billion, turning Soya Garden one of the biggest investment deals of Shark Tank Vietnam. After rapid expansion, Soya Garden in 2020 had to close a series of shops because of the pandemic. The startup successfully called for VND5 billion worth of capital in exchange for 36 percent of shares from Shark Thuy. According to Thuy, before the pandemic, in 2019, the enterprise saw hot growth and he made heavy investment to open new centers.

Source: VietNamNet News December 13, 2022 09:18 UTC