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Be Group Joint Stock Company (Vietnam)

Main Activities: Internet Publishing and Broadcasting and Web Search Portals
Secondary Activities: Computer Systems Design Services | Marketing Research and Public Opinion Polling | Convention and Trade Show Organizers
Full name: Be Group Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject focuses on providing application for transporting passengers and goods. In mid-Sep 2019, the ride-hailing app announced that it had reached the milestone of serving 25 million vehicles since its launch. After only one year of launching, from Dec 2018, it had made spectacular development steps. Not only launched beBike (2-wheel booking service) and beCar (4-wheel reservation service) at the same time, it continued to launch beFinancial (providing effective financial solutions for individual customers, drivers and businesses), beExpress (delivery services, postage), beDelivery (delivery service) and beLoyalty which helps to open a potential ecosystem to welcome other businesses to cooperate and develop. As a result, its ride-hailing app has risen to no. 2 (after Grab) and is the only Vietnamese enterprise among the top 3 most developed ride-hailing apps on the market (according to a report from ABI market research company in Vietnam). In Dec 2019, the founder - CEO TRAN THANH HAI left unexpectedly the CEO position. According to media information, just one day after the information of CEO TRAN THANH HAI left the hot seat of “be Group”, the subject continued to shock when it decided to lay off hundreds of employees, equivalent to 40 % of total company personnel. At present, Mr. TRAN THANH HAI is the mentor of subject.

Headquarters
6th Floor, No. 146, Nguyen Dinh Chieu Street, Ward 6
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: http://www.be.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
May 11, 2018
Key Executives
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General Director
Ownership Details
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50%
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25%
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25%
Subsidiaries
Befinancial Limited Company
100%
Company Performance
Financial values in the chart are available after Be Group Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
134.44%
Total operating revenue
134.44%
Operating profit (EBIT)
-148.28%
Net Profit (Loss) for the Period
-149.21%
Total assets
158.05%
Total equity
-244.83%
Operating Profit Margin (ROS)
-6.3%
Net Profit Margin
-6.63%
Return on Equity (ROE)
-28.55%
Debt to Equity Ratio
-37.41%
Quick Ratio
0.13%
Cash Ratio
0.22%

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