Showing 1 - 10 of 13
Line pivots to new role in digital economy
Business, Suchit Leesa-nguansuk, Published on 01/12/2025
» Line Thailand is charting a bold new course by launching mini programs and agentic artificial intelligence (AI) assistants, aiming to reshape the country's digital economy under its new chief executive.
AirAsia Move aims to be top low-cost online travel agency
Business, Suchit Leesa-nguansuk, Published on 16/03/2024
» AirAsia Move, the online travel platform of AirAsia, aims to be the top low-cost online travel agency (OTA) in Thailand by next year and Southeast Asia by 2026, says chief executive Nadia Omer.
Deal values on the rise as private funding surges
Business, Suchit Leesa-nguansuk, Published on 01/11/2022
» Thailand saw private funding of US$300 million in the first half of 2022, a jump from $200 million in the same period a year earlier, according to an Asean internet economy report by Google, Temasek and Bain & Company.
Shift from promotions to profit
Business, Suchit Leesa-nguansuk, Published on 17/10/2022
» After a decade of fierce battle in the e-commerce industry, offering huge promotions, subsidies and discount campaigns, the competition is expected to cool down as operators focus on profit and sustainable growth instead of burning cash to attract users.
Co-payment spurs online food delivery
Business, Suchit Leesa-nguansuk, Published on 18/08/2022
» The new phase of the "Khon La Khrueng" co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout the duration of the programme.
JD, Central rift could herald end of tie-up
Business, Suchit Leesa-nguansuk, Published on 28/06/2022
» A difference in culture and working styles is causing a rift between Central Group and Chinese internet giant JD.com regarding their e-marketplace joint venture JD Central, according to a source familiar with the two companies.
Shopee opts to reduce its headcount
Business, Suchit Leesa-nguansuk, Published on 15/06/2022
» E-marketplace Shopee is pursuing layoffs across markets in Asean, including Thailand, according to industry sources, as the company is believed to have become more cautious about spending and more focused on attaining profitability rather than burning cash.
Lazada, Shopee, JD Central rack up losses to gain users
Business, Suchit Leesa-nguansuk, Published on 09/06/2022
» Marred by intense competition and several promotional campaigns, the three major e-commerce operators in Thailand have racked up a combined 39 billion baht in operational losses over the past seven years, according to Creden Data, a data analytics service provider.
E-commerce seen growing in stature
Business, Suchit Leesa-nguansuk, Published on 14/12/2021
» E-commerce is set to become the main channel for business next year, with major e-marketplaces enjoying rising profits while local shops and grocery stores fade away, said Pawoot Pongvitayapanu, an e-commerce pioneer.
Robinhood set to extend reach into OTA services
Business, Suchit Leesa-nguansuk, Published on 27/05/2021
» Online food delivery service provider Robinhood has vowed to double its investment budget to 300 million baht this year as it expands its reach into online travel agent (OTA) services.