However, Coc Coc can be considered as one of the bold and outstanding Vietnamese startup projects up to now. However, the business situation in the following years continued to suffer losses as mentioned.
In 2015, Coc Coc was invested 14 million USD by Hubert Burda. Recognized on the Introducing Website, Coc Coc is currently the largest search engine and web browser in Vietnam with more than 22 million users. Coc Coc entered the top 5 most popular browsers in Vietnam within 2 months of its launch in May 2013. In particular, the browser product is based on chromium (an open source platform for browsers that Google, Opera … uses), with the aim of focusing on building and developing Vietnamese browsers exclusively for people. By early 2013, two Coc Coc products were officially launched, including the Coc Coc search engine and the Coc Coc browser. Not many countries worldwide develop their own Internet browser, according to Thanh.About Coc Coc, the company was established in July 2012. The number of Coc Coc users has helped the company take the second place, accounting for 26.6%. The Vietnamese search engine, behind Google and Facebook, has made up around 20% of the online advertising market. Thanh ascribed the strong growth to the integration of many features such as search, automatic punctuations, correct spelling suggestions, dictionaries, Facebook access, download and shopping suggestions among others. Le Van Thanh, co-founder of Coc Coc, said that in the local market, the browser has made strong leaps, just behind Google’s Chrome and has surpassed all other browsers of foreign brands like Firefox.ĭata from internet-monitoring firm StatCounter shows Chrome has taken the lead with 58.7% of users, followed by Coc Coc (26.6%) and Firefox (7.5%). Coc Coc, or “Knock Knock” in English – a Vietnam-based search engine – has become one of the most popular browsers in Vietnam, with around 23 million users as of August.
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