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Search Result for “retail investors”

Showing 1 - 10 of 31

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GENERAL

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.

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GENERAL

Providing a link to China for local firms

Business, Suchit Leesa-nguansuk, Published on 25/05/2024

» Digital marketer DigiLink Thailand, helmed by chief executive Phanavika Limpabandhu, has ambitions to become a partner of Thai entrepreneurs seeking to tap the vast Chinese market.

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GENERAL

Konvy aiming to achieve unicorn status by 2027

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» Konvy International, a Bangkok-based online beauty platform, aims to become a unicorn by 2027 via expansion in Southeast Asia and a plan to go public by that time.

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BUSINESS

Bluebik to list on stock exchange by 2025

Business, Suchit Leesa-nguansuk, Published on 14/03/2023

» Bluebik Group, a MAI-listed digital transformation consulting firm, aims to list on the Stock Exchange of Thailand (SET) by 2025, when it expects its revenue to be four times the level recorded in 2022. The firm expects its overseas business to contribute half of total revenue by 2027.

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BUSINESS

Line Man Wongnai raises $265m in Series-B funds

Business, Suchit Leesa-nguansuk, Published on 27/09/2022

» Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass $1 billion and thereby achieving unicorn status.

TECH

Unicorn startup launches decelerate sharply in 2022

Business, Suchit Leesa-nguansuk, Published on 02/08/2022

» The launch of startup unicorns worldwide has faded this year as investors focus more on sustainable valuations and profitability amid volatile market conditions, according to data and analytics firm GlobalData.

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BUSINESS

TrueMoney, Merkle offer crypto investment

Business, Suchit Leesa-nguansuk, Published on 22/04/2022

» TrueMoney, a major digital financial service provider in Asean, has partnered with Merkle Capital, a local digital asset management firm, to enable users to invest in cryptocurrency through TrueMoney Wallet, the first time Thai consumers can make such an investment through an e-wallet.

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BUSINESS

Metaverse in the making

Business, Suchit Leesa-nguansuk, Published on 06/12/2021

» Jumping into a virtual avatar to interact with friends and colleagues, buying digital clothes and accessories for avatars and purchasing virtual land plots for future development may have sounded far-fetched years ago, but these features are now available. Welcome to the metaverse.

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BUSINESS

Pomelo eyes funds to drive expansion

Business, Suchit Leesa-nguansuk, Published on 25/06/2021

» Pomelo, an Asean fashion e-commerce startup, is seeking funding through either a Series D round or listing on the stock exchange to propel its business expansion.

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BUSINESS

Series D bolsters Flash's Asean push

Business, Suchit Leesa-nguansuk, Published on 13/10/2020

» Flash Express, a local express delivery service, is gearing up to become an e-commerce enabler and gain a foothold in other Asean countries after receiving Series D funding worth 3 billion baht.