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Search Result for “eWTP”

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BUSINESS

Alibaba's free trade hub in Thailand begins trial operation

Published on 13/12/2022

» A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.

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BUSINESS

Local unicorn trio prove naysayers wrong

Business, Nuntawun Polkuamdee, Published on 07/12/2021

» The Thai economy witnessed the birth of three unicorn companies this year -- Flash Express, Ascend Money and Bitkub Online -- debunking the belief that the country doesn't have the supporting ecosystem for unicorn startups to thrive.

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BUSINESS

Delivery startup Flash becomes first Thai 'unicorn'

Reuters, Published on 01/06/2021

» Thai logistics startup Flash Group on Tuesday reported its latest round of fundraising had generated $150 million (4.7 billion baht), which it said pushed its overall value beyond the $1 billion mark, reflecting a surge in e-commerce demand.

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BUSINESS

Flash Group becomes first Thai unicorn

Business, Suchit Leesa-nguansuk, Published on 01/06/2021

» Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding -- just three years into operations, according to the company's owner.

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BUSINESS

Revolution poses SME risks, rewards

Business, Suchit Leesa-nguansuk, Published on 29/05/2018

» The cross-border e-commerce revolution in Thailand this year is broadening opportunities for small and medium-sized enterprises (SMEs), but differentiation and innovation is key to survival in a game dominated by Chinese players.

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BUSINESS

Alibaba's Ma warns of stifled e-commerce

Business, Published on 05/05/2017

» Developing countries looking to e-commerce as a way to bolster their emerging economies need to prioritise the sector's growth instead of creating regulations and taxes that could kill it in its infancy, Alibaba Group executive chairman Jack Ma told a recent UN gathering in Geneva.