Shark Jimmy made his debut on the show memorable right on the first episode of Shark Tank Vietnam season 5 with an alluring attempt to close the deal with an adventure travel startup. This season also comes with a new set of rules and changes, promises to bring the audience a truly enjoyable startup show.

The mighty main Hosts of Shark Tank Vietnam 2022 (right to left): Shark Phạm Thanh Hưng (CEN Group), Shark Đỗ Liên (LIAN Company), Shark Nguyễn Xuân Phú (SUNHOUSE Group JSC.), Shark Lê Hùng Anh (Shark Jimmy Lee - BIN Corporation Group & papmall®), Shark Nguyễn Hòa Bình (NextTech Group)

Shark Tank Vietnam 2022 upgrades its game with some new changes

Following the success of the first four seasons, Shark Tank season 5 made its comeback on June 5th, 2022 on @VTV3 channel and upgraded the show with a number of new guidelines and modifications. Shark Jimmy Lee, the founder of BIN Corporation Group & papmall®, is a new addition to the Sharks this year . His dynamic, passionate life force and his determination to support young entrepreneurs promise to bring this year’s fight for startups to the next level. In addition to the new Host's arrival, five opulent armchairs, a chic hand-tufting rug in the middle of the pitching area, and a glistening safe containing the Golden Ticket, are the latest design improvements of Shark Tank Vietnam season 5.

• The Golden Ticket is a new rule added in favor of startups. The rule only allows the Shark with the highest raise for the Golden Ticket value to negotiate with their favorite startup, so the Sharks have to join a bidding competition, which makes the show hotter than ever.
• The Duel Pitch forces the two startups of the same category to compete with one another for the opportunity to join the pitching round with our big Sharks.

Shark Jimmy joined the first Golden Ticket fight of Shark Tank Vietnam

The first grand deal of Shark Tank Vietnam season 5

Shark Tank 2022 got off to a strong start with the opening act of Jungle Boss adventure travel tour operator. Lê Lưu Dũng, founder and CEO of Jungle Boss, swung from above the pitching area and made a presentation asking for $500.000 for 10% stocks to expand his business. Mr. Dũng shared with the Sharks his love of the environment, his desire to establish more nature-based trips, and his numerous travel and adventure projects (such as skydiving and glamorous camping). Additionally, he noted that since the company's founding in 2015, over 40.000 visitors from around the world had used its international adventure tour packages, and this is only 30% of the business's capacity. His most popular tour, which includes jungle hiking, rock climbing, swimming cave, subterranean camping, and abseiling in the Kong Collapse, has drawn nearly 500 adventurers for the first four months of 2022 at a cost of $1.500 per person.

After the Covid 19 outbreak, one of Shark Jimmy's key objectives is to revive the Vietnamese economy and restore adventure travel tourism to its former glory. In fact, Shark Jimmy was so dedicated to the travel and adventure industry, as well as determined to share Vietnamese culture and landscapes with the world that in 2021 he founded and invested millions into Travelner, a travel and adventure agency that has a mission is to bring a smarter, more convenient travel experience to global customers.

Shark Jimmy Lee immediately pursued the Golden Ticket after seeing the potential of this adventure travel startup. Shark Jimmy initially proposed to invest $860.000 for 30% stocks of Jungle Boss, but the other Sharks also had high regard for this adventure tourism provider and made competing offers. With Shark Hưng and his Golden Ticket in the mix, the competition for Jungle Boss became increasingly fierce. Shark Hưng offered to write a check for an additional $4.500 to the adventure tourism provider, but Shark Jimmy instantly increased the price to $6.500. The two Sharks kept up the bidding with $8.500, $13.000, and until they reached $17.000 for the Golden Ticket. Shark Hưng was the one to seal the deal, offering Jungle Boss adventure travel agency $500.000 for 25% of its stocks, and an extra ticket of 17.000 USD.

Shark Jimmy Lee and Shark Phạm Thanh Hưng bidding for the Golden Ticket to join forces with adventure tourism provider Jungle Boss

Despite the fact that he was unable to close the deal with Jungle Boss, Shark Jimmy’s determination to go all in for the Golden Ticket has shown that he’s going to be a strong player in this year’s competition for the collaboration with startups. Shark Tank 2022 promises to take the show to a completely new level thanks to Shark Jimmy's passion and all the modifications of this season.

About BIN Corporation Group

BIN Corporation Group is a multidisciplinary international corporation with many different fields and business activities. Established in 2009, with 10 member brands, BIN Corporation Group has developed a tech-applied enterprise service ecosystem and always aims to grow our credibility and create a strong position in the world economy market.

Member companies of BIN Corporation Group: papmall®, PayCEC, BIN Media, OneIBC, DNBC Financial Group, GIS, MobCEC, Travelner, Khải Hưng Group

About papmall®

papmall® is an international ecommerce platform that connects sellers and buyers from all over the world. papmall® brings shoppers an easy, secure, and convenient online shopping experience. In addition to giving selling solutions to global providers to optimize sales revenue.

papmall® utility services and solutions:

• Global online shopping marketplace.
• Global online commercial marketplace.
• Consultant services and payment solutions.

Thanks to the combination of superior technology and advanced security systems of global standards, papmall® international ecommerce platform is the top choice for buyers and sellers to make online transactions in a secure, rapid, and simple way, across all platforms and devices.

papmall® - the best international ecommerce platform

About Shark Tank

Shark Tank is the most prestigious reality show for venture capitalists and startups. Shark Tank program originated in the US and has created a big buzz back home, ever since the show has been franchised by many countries around the world including Australia, India, Mexico, Columbia, Indonesia, Nepal, Malta, and Vietnam. Hence, Shark Tank becomes a global platform for future startups despite borders and generational differences. Shark Tank comes to Vietnam under the name “Shark Tank - Thương Vụ Bạc Tỷ”, bringing a whole new playground for Vietnamese startups and businesses.

With 4 seasons and dozens of broadcasts, Shark Tank Vietnam has brought the opportunity to improve and expand the business scale for hundreds of Vietnamese startups. The Shark Tank 2022 season 5 promises to bring potential investment projects for sponsors, as well as breakthrough and development opportunities for new talented entrepreneurs.

The first episode of Shark Tank Vietnam season 5 ended with the success of the following startups:

• Adventure travel tour operator startup - Jungle Boss: Shark Hưng closed the deal with $500.000 for 25% of this company stocks + a Golden Ticket of $17.000.
• Automatic customer care solution, Voicebot AI startup - EM & AI: Shark Liên closed the deal with $1.000.000 for 5% of this company stocks.
• Trading gold using technology platform startup - Hana Gold: unsuccessful to convince the Sharks for an investment.

Stay tuned for more exciting news and information about the million deals of Shark Jimmy Lee at papmall® Newsroom.

papmall® Team

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• www.papmall.com