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Search Result for “Robinhood”

Showing 1 - 10 of 24

BUSINESS

Delivery app rivals cut fees

Business, Suchit Leesa-nguansuk, Published on 28/10/2025

» Line Man Wongnai has trimmed its gross profit (GP) fee to 7-9% to match that offered by Grab for merchants who participate in the "Khon La Khrueng Plus" co-payment scheme.

BUSINESS

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 a potential strategic redirection agreement potential collaboration models, though not for an acquisition.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Grab eyes higher revenue from specific groups

Business, Suchit Leesa-nguansuk, Published on 19/03/2025

» Grab Thailand wants to expand its revenue growth among Gen Alpha and Baby Boomers, according to the super-app.

BUSINESS

Line Man Wongnai unveils marketing push

Business, Suchit Leesa-nguansuk, Published on 04/10/2024

» Online food delivery platform Line Man Wongnai is spending 300 million baht on its largest marketing campaign in three years in a push to expand its user base, aiming to become the market leader in terms of revenue.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Value of food delivery, ride-hailing sales hits $5bn in H1

Business, Suchit Leesa-nguansuk, Published on 11/09/2024

» The combined gross merchandise value (GMV) of Thailand's online food delivery and ride-hailing services in the first half of 2024 reached US$5 billion, according to India-based Redseer Strategy Consultants.