Showing 1 - 10 of 25
Robinhood and Foodpanda Thailand announce ‘strategic redirection’
Published on 20/05/2025
» Robinhood, the Thai-born food delivery platform operated by Purple Ventures Co Ltd, a subsidiary of the Yip In Tsoi Group, has announced a strategic redirection agreement with Foodpanda Thailand, part of Germany-based Delivery Hero.
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.
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.
Bangkok's unhealthy trash diet
Business, Kuakul Mornkum, Published on 24/02/2025
» Bangkok is grappling with significant challenges in waste management, as food makes up nearly half of the garbage generated in the city.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
Robinhood app still a key player
Business, Suchit Leesa-nguansuk, Published on 25/12/2024
» The on-demand food delivery sector should see healthy competition as the Robinhood app remains in the market, according to industry observers.
Robinhood app purchase to sustain healthy competition
Business, Suchit Leesa-nguansuk, Published on 02/10/2024
» Thailand's on-demand delivery sector should see healthy competition with the Robinhood food delivery app remaining in the market, say industry observers.
Thai fintech group SCB X sells Robinhood app for B2bn
Suchit Leesa-nguansuk, Published on 30/09/2024
» SCB X Plc, a leading Thai financial technology group, has sold Purple Ventures Co Ltd, the provider of the Robinhood application, to a group of investors led by Yip In Tsoi Group.