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Search Result for “acquisition”

Showing 1 - 10 of 68

BUSINESS

Line Man preps for the worst

Business, Suchit Leesa-nguansuk, Published on 01/04/2026

» Line Man Wongnai is preparing for a worst-case energy crisis by considering delivery surcharges on consumers if fuel prices rise by another 9-10 baht.

BUSINESS

E-commerce sovereignty picks up with Pantip Mall

Business, Suchit Leesa-nguansuk, Published on 16/03/2026

» Thailand has begun to explore the concept of local e-commerce sovereignty with the debut of Pantip Mall e-marketplace, as regulators and local e-commerce veterans share growing concerns over the dominance of foreign platforms.

BUSINESS

Singapore data centre deal valued at US$5.1 billion

Business, Suchit Leesa-nguansuk, Published on 05/02/2026

» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).

BUSINESS

Line Man Wongnai postpones SET listing

Business, Suchit Leesa-nguansuk, Published on 11/12/2025

» Line Man Wongnai is to postpone its plan to list shares on the Stock Exchange of Thailand (SET) this year due to unfavourable market conditions.

BUSINESS

Tech to transform rice farming

Business, Suchit Leesa-nguansuk, Published on 19/11/2025

» Thailand's rice industry is undergoing a transformation as the National Electronics and Computer Technology Center (Nectec) applies artificial intelligence (AI) and computer vision technology to reduce risks from unpredictable environments, allowing for a precision farming approach.

BUSINESS

TikTok targets app marketers in bid to accelerate growth

Business, Suchit Leesa-nguansuk, Published on 03/11/2025

» TikTok is helping app marketers move beyond simple download metrics to achieve real business outcomes, turning user acquisition into measurable transactions and long-term growth.

BUSINESS

Line Man Wongnai diversifies to beauty

Business, Suchit Leesa-nguansuk, Published on 09/09/2025

» Line Man Wongnai has diversified into a new frontier -- the beauty and wellness industry -- through its recent acquisition of JERA Cloud, tapping a market worth close to 100 billion baht, while it also plans to expand into on-demand beauty services, retail and tutoring in the future.

BUSINESS

Thai unicorn head honchos cut to the chase

Business, Suchit Leesa-nguansuk, Published on 22/08/2025

» Thailand’s three unicorns — Bitkub Capital Group Holdings, Flash Express and Line Man Wongnai — are entering a transformative phase as they gear up for initial public offerings (IPO) and aim to become part of the country’s critical infrastructure.

BUSINESS

Thai ad spending growth forecast trimmed

Business, Suchit Leesa-nguansuk, Published on 31/07/2025

» Local ad and marketing spending this year is expected to expand only 1.5%, reaching 87 billion baht, according to digital media agency Media Intelligence Group (MI).

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.