Capichi founder Mori Taiki standing next to the company's brand wall in the Hanoi office, with the orange whale logo and Capichi Viet Nam lettering
Business

Refusing to Fight Grab: How Japanese Startup Capichi Survives in Vietnam's Food Delivery Market

ShopeeFood and GrabFood have carved up Vietnam's food delivery market between them, while Baemin, Gojek and Loship have all exited. A small platform founded in Hanoi by a Japanese university dropout survives on a simple premise: nine out of ten of its users aren't Vietnamese.