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BUSINESS

Startup funding drought during pandemic

Business, Suchit Leesa-nguansuk, Published on 04/06/2020

» The coronavirus pandemic is taking a heavy toll on numerous startups as they struggle to gain customers and funding prospects dry up.

BUSINESS

InVent joins Series D funding in Singapore's Ninja Van

Business, Suchit Leesa-nguansuk, Published on 22/05/2020

» InVent, a venture capital arm of InTouch Holdings Plc, has joined the Series D funding round worth US$279 million (about 8.8 billion baht) in Singapore-based logistics startup Ninja Van to capitalise on e-commerce growth.

BUSINESS

EMPG acquires Kaidee in Asean expansion

Business, Suchit Leesa-nguansuk, Published on 24/04/2020

» Emerging Markets Property Group (EMPG), a Dubai-based bespoke online classified solutions provider, has taken over Kaidee, one of Thailand's major marketplaces, as part of its strategy to expand its footprint in Asean.

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BUSINESS

Telemedicine startups get pandemic lift

Business, Suchit Leesa-nguansuk, Published on 22/04/2020

» Telemedicine will become the new normal in 3-5 years, driven by the pandemic, say health tech startups.

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BUSINESS

Gartner urges businesses to adopt digital dragon strategy

Business, Suchit Leesa-nguansuk, Published on 04/03/2020

» In the face of tough competition from giant digital powerhouses that are venturing into non-tech sectors, so-called digital dragon players, businesses may have to consider aligning with them to stay afloat, according to global research firm Gartner Inc.

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BUSINESS

Get anticipates profit in 2021

Business, Suchit Leesa-nguansuk, Published on 18/12/2019

» Get, the local arm of Indonesia's on-demand service app Go-Jek, expects to turn a profit in 2021 through cost control and new revenue streams, including same-day e-commerce delivery and digital lending.

BUSINESS

Infofed seeks funds for regional expansion push

Business, Suchit Leesa-nguansuk, Published on 02/12/2019

» Infofed, a Bangkok-based e-sports startup, is seeking Series A funding to expand its business in Asean, where it aims to become the industry's leader by 2025.

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BUSINESS

Local startups smothered by internet giants

Business, Suchit Leesa-nguansuk, Published on 05/11/2019

» As regional and global players take over Thailand's internet economy, local startups appear to be struggling as only US$50 million was raised to help them in the first half of this year, unchanged from the same period a year earlier, according to the e-Conomy SEA 2019 report.

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BUSINESS

Data centres in the spotlight

Business, Suchit Leesa-nguansuk, Published on 26/09/2019

» Thailand needs more undersea cables and clarity on the Cybersecurity Act (CSA) to serve as a potential digital hub in the Indochina region, says W.Media.

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BUSINESS

Line hopeful of Thai unicorn

Business, Suchit Leesa-nguansuk, Published on 19/09/2019

» SEOUL: Thai startups are seeing increasing investment from larger funds, global accelerators and regional capitalists, Line Thailand says, declaring that the app maker will help build the first Thai unicorn startup within 3-5 years.