Showing 1 - 10 of 140
Crunch time for eateries
Business, Kuakul Mornkum, Published on 26/06/2025
» The Thai restaurant industry is battling significant headwinds this year, with some operators suggesting the forecast is even tougher than during the pandemic.
Robinhood and Foodpanda eye tie-up
Suchit Leesa-nguansuk, Published on 02/05/2025
» Yip In Tsoi, the operator of the food delivery platform Robinhood, is in discussions with Delivery Hero, the parent of Foodpanda, over potential collaboration models, though not for an acquisition.
Line Man Wongnai to invest B10bn in tech, buy 2 startups
Business, Suchit Leesa-nguansuk, Published on 30/04/2025
» Line Man Wongnai plans to invest 10 billion baht in technology over five years, mainly on artificial intelligence (AI), while it wants to acquire 1-2 tech startups.
Yip In Tsoi ‘interested in Foodpanda’
Business, Suchit Leesa-nguansuk, Published on 29/04/2025
» Yip In Tsoi, the operator of the Robinhood application, is reportedly interested in acquiring the online food delivery business of Foodpanda, which is scheduled to exit Thailand on May 23.
Shares rise as trade tensions ease slightly
Business, Published on 26/04/2025
» RECAP: Asian shares rose yesterday in line with a global relief rally as trade tensions cooled and US Federal Reserve officials indicated they would be open to cutting interest rates earlier than anticipated.
Foodpanda delivery service to exit Thailand
Gary Boyle, Published on 24/04/2025
» Foodpanda will stop operating its platform, food and grocery delivery services in Thailand on May 23, its parent company Delivery Hero announced on Wednesday.
Foodpanda calls it a day in Thailand
Business, Suchit Leesa-nguansuk, Published on 24/04/2025
» Analysts expect Thailand's food delivery market will have only two to three major players as market maturity requires economies of scale and players diversifying to businesses with better profit margins.
Foodpanda delivery service to exit Thailand
Business, Published on 23/04/2025
» Foodpanda will stop operating its platform, food and grocery delivery services in Thailand on May 23, its parent company Delivery Hero announced on Wednesday.
Line Man Wongnai preps for 2026 listing
Business, Suchit Leesa-nguansuk, Published on 07/04/2025
» Line Man Wongnai is preparing to file an initial public offering (IPO) by the third quarter of this year, hoping to list on the local bourse in 2026.
Line Man Ride enters ride-hailing fray
Business, Suchit Leesa-nguansuk, Published on 06/11/2024
» Line Man Wongnai is offering an electronic ride-hailing service promising an affordable price and safety, in a bid to fill a price gap and capitalise on a local market projected to be worth 34 billion baht in five years.