Huize Expands ASEAN Footprint with Vietnam Insurtech Acquisition

Huize Holding (HUIZ) has released an update.

Huize Holding Limited’s Poni Insurtech has acquired a 71.7% majority stake in Vietnam’s Global Care, solidifying its presence in the ASEAN insurance market. This strategic move, expected to drive revenue growth and create value for stakeholders, positions Poni Insurtech as a formidable player in Vietnam’s digital insurance ecosystem. The integration will capitalize on technology and local resources to innovate insurance products and distribution in the region.

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