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Once a “blockbuster” calling for a record of 6 million USD on Shark Tank, the Luxstay website suddenly became inaccessible, the app stopped working?

After the Covid-19 wave, the tourism industry has begun to reopen, especially domestic tourism. Tourism and travel businesses are also revived after a long time of “freezing”. However, the hotel and homestay booking platform Luxstay – the startup that had a record fundraising on Shark Tank Vietnam, suddenly fell silent amid the vibrant market again.

Used to be a

According to research, currently the official website used to book rooms of Luxstay is https://www.luxstay.com currently inaccessible.

Once a blockbuster calling for a record of 6 million USD on Shark Tank, Luxstay website suddenly became inaccessible, the app stopped working?  - Photo 1.

The official fanpage of this platform has also stopped updating since May 2. In the latest post, one commenter complained: “Have any of you booked a room and suddenly the owner of the newspaper Luxstay locked it and couldn’t rent it?”.

Similarly, on the app market, the Luxstay app was rated 1 star by many users because it couldn’t access the app, and the app for homeowners is no longer available on CH Play and Galaxy.

Once a blockbuster calling for a record of 6 million USD on Shark Tank, Luxstay website suddenly became inaccessible, the app stopped working?  - Photo 2.

User feedback about Luxstay app on CH Play

However, on the business search portal of the General Department of Taxation, Luxstay Vietnam Co., Ltd. is still in operation.

We have contacted Luxstay media representative to find out the incident. This person confirmed that the Luxstay website was inaccessible, said that this is a move in the company’s upcoming plan and will be detailed after a while.

Luxstay was established in 2017 by Nguyen Van Dung (Steven Nguyen). This was once a “blockbuster” startup in the show Shark Tank Vietnam season 3 when it successfully raised $ 6 million from Shark Viet, Shark Hung and Shark Thuy. At that time, Luxstay became the startup that raised the most capital and was valued at the Vietnamese version of Shark Tank.

Once a blockbuster calling for a record of 6 million USD on Shark Tank, Luxstay website suddenly became inaccessible, the app stopped working?  - Photo 3.

Founder and CEO of Luxstay – Steven Nguyen

At the end of 2019, Luxstay also made an impression when officially shaking hands with Son Tung M-TP. According to the announcement, the male singer has both invested financially and promoted the image of Vietnam’s tourism.

However, as a business in the tourism industry, Luxstay has not been outside the influence of the Covid-19 pandemic during the past 2 years.

https://cafebiz.vn/tung-lab-bom-tan-goi-von-ky-luc-6-trieu-usd-tren-shark-tank-website-luxstay-bat-ngo-khong-the-truy- cap-app-dung-hoat-dong-20220603165111514.chn
https://cafebiz.vn/tung-lab-bom-tan-goi-von-ky-luc-6-trieu-usd-tren-shark-tank-website-luxstay-bat-ngo-khong-the-truy- cap-app-dung-hoat-dong-20220603165111514.chn

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