Showing 1 - 10 of 15
Alibaba rumoured to dump Lazada
Business, Suchit Leesa-nguansuk, Published on 20/06/2024
» An industry source familiar with Alibaba and the e-commerce industry says the company is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand, following intensifying competition in the local market.
Ascend Money targets Nasdaq listing
Business, Suchit Leesa-nguansuk, Published on 22/03/2024
» Ascend Money, a financial technology firm backed by Charoen Pokphand (CP) Group, aims to list on the Nasdaq stock exchange within two years, Suphachai Chearavanont, the company's founder and chairman, told the Bangkok Post.
Smartphone market to see 3% uptick
Business, Suchit Leesa-nguansuk, Published on 14/03/2024
» Thailand's smartphone market is projected to grow 3% in 2024, driven by replacement purchases and advanced technology features, according to a global research firm.
Food delivery apps ripe for consolidation
Business, Suchit Leesa-nguansuk, Published on 20/10/2023
» Food delivery and ride-hailing platform operators are expanding their businesses amid a stagnant economy, mainly through mergers and acquisitions, cross-platform collaborations, and planned initial public offerings (IPOs).
Schneider eyes Electricity 4.0
Business, Suchit Leesa-nguansuk, Published on 18/07/2023
» Transformation via digitalisation and sustainability will complement each other which will optimise organisations' operations and unlock their efficiency, according to French multinational Schneider Electric.
Thailand talent level slips
Business, Suchit Leesa-nguansuk, Published on 19/11/2019
» Thailand slipped one position to 43rd out of 63 economies in the World Talent Ranking 2019, while its regional peers Singapore, Indonesia and the Philippines advanced, according to a report conducted by the IMD World Competitiveness Centre (WCC).
Big Blue's SE Asian hub builder
Business, Suchit Leesa-nguansuk, Published on 15/12/2018
» She is the first managing director of IBM Thailand in its 66-year history who is not a veteran of the company.
Merger of Grab and Uber drive monopoly, pricing concerns
Business, Suchit Leesa-nguansuk, Published on 27/03/2018
» The merger between Grab and Uber is driving market concentration to monopoly levels, underlying the urgency of regulations that legalise and keep in check ride-sharing service in Thailand, say industry and research analysts.
2018 'gold rush' for online giants
Business, Suchit Leesa-nguansuk, Published on 20/12/2017
» Southeast Asian online retail will be dominated by Alibaba and Tencent, pure play e-commerce will enter the offline world and small startups will raise funds via initial coin offerings (ICO), while Amazon will acquire more companies for a shortcut entry into the region.
Facebook's man in Thailand
Business, Suchit Leesa-nguansuk, Published on 12/08/2017
» With 48 million users, Thailand is one of Facebook's top 10 countries in terms of accounts. Bangkok by itself has more Facebook users than any other city in the world.