👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
In 50 Words: Tada parent firm MVL’s revenue soars 300% to $20m in 2022
Mass Vehicle Ledger (MVL), a South Korean blockchain company, recorded a revenue of US$20 million in 2022, a 300% increase from 2021.
It also narrowed losses by 45% to US$3.9 million during the same period.
MVL operates ride-hailing app Tada in Singapore, Cambodia, and Vietnam, with plans to enter Thailand.
The blockchain company also recorded improved net cash from operations, increased cash equivalents, and US$25 million in funding raised to date.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.