Investors continue to invest $30 million into Chicilon Media

Chicilon Media, the leading company in the field of elevator digital media in Vietnam, has once again secured the trust and met the expectations of investors with an additional investment of $30 million. This investment aims to enhance media resource development, improve technical capabilities and service quality, thereby solidifying Chicilon Media's leading position in the market.

As of now, Chicilon Media owns 37,000 elevator screens, occupying 92% of the market share that meets its exploitation standard. At the same time, the company's revenue growth is 30 times higher than that of other competitors in the industry. These figures not only affirm Chicilon Media's leading position but also reflect investors' strong confidence in the company's future growth potential. Additionally, investors also highly appreciate the operational capabilities and professionalism of the Chicilon Media team, which serves as a driving force for the company's future development.

The new investments will be allocated to three main areas. First, expanding media channel resources by increasing exploitation efficiency to reach and engage target audiences more broadly and effectively.

Second, upgrading the entire technology infrastructure, including both hardware and software, to ensure innovation and maintain leadership in quality. Technological advancements will also support the government's efforts in building a digital nation, allowing Chicilon Media to play a crucial role in this process.

Third, the investment will be used to expand the service ecosystem, ensuring that customers consistently experience top-quality service, thereby enhancing customer satisfaction. This is critical for maintaining long-term customer relationships and strengthening competitive positioning in the market.

Thus, these strategic investments are expected to further consolidate Chicilon Media's leading position in the elevator digital media market and drive the company to pioneer in providing high-quality services and technological innovations. With these initiatives, Chicilon Media aims not only to significantly increase its market share and brand influence but also to contribute to Vietnam's digitization efforts, creating greater value for customers and society.