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BUSINESS

In-game advertiser NextPlay eyes AI, crypto payments

Business, William Hicks, Published on 08/09/2021

» Thai digital advertising company NextPlay Technologies has made a number of big-money acquisitions this year in a bid to integrate payments and artificial intelligence (AI) into its existing in-game advertising system, its chief executive said.

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BUSINESS

Hutchison Ports records 10% increase in cargo volumes

Business, William Hicks, Published on 28/08/2021

» Hutchison Ports Thailand (HPT), a port operator at Laem Chabang Port, reported a 10% year-on-year increase in cargo volume in the first half of this year.

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BUSINESS

Wine market licks its wounds following challenging period

Business, William Hicks, Published on 25/06/2021

» The wine market in Thailand has suffered numerous setbacks since the beginning of the pandemic, namely various alcohol restrictions, the banning of online sales, the lack of foreign tourists and an overall drop in consumer purchasing power, says Yodi Mootoosamy, general manager at Penfolds International.

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BUSINESS

Fighting back against exploitation

Business, William Hicks, Published on 04/06/2021

» As sharing economy tech companies plot major mergers and initial public offerings (IPOs) this year, they are running into problems in Thailand as the state, labour organisations and restaurateurs attempt to push back against the exploitation inherent in their business models.

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BUSINESS

Airbnb IPO cushions heavy losses in 2020

Business, William Hicks, Published on 12/04/2021

» US-based Airbnb has weathered the Covid-19 pandemic with heavy losses, however its recent gangbuster initial public offering (IPO) has left it in a healthy financial position for 2021.

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BUSINESS

Rapid shopping via Pandamarts

Business, William Hicks, Published on 11/02/2021

» Foodpanda is pivoting to quick delivery e-commerce with its rollout of Pandamart, a service offering essential goods from "cloud stores" as a new vertical to gain an edge in the cut-throat delivery market.

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BUSINESS

Grab leading in food delivery

Business, William Hicks, Published on 15/01/2021

» Grab commands 50% of the market share among online food delivery apps in terms of gross merchandise value (GMV), followed by Foodpanda at 23% and Lineman 20%, according to the consultancy Momentum Works (MW).

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BUSINESS

Job sites spring up as unemployed flail

Business, William Hicks, Published on 29/10/2020

» The pandemic has caused mass unemployment globally and domestically, adding pressure to an online employment arena that even before the outbreak failed to provide results for jobseekers in all income stratas.

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BUSINESS

Labour strikes against the algorithm

Business, William Hicks, Published on 07/09/2020

» Not long ago the streets of Bangkok were near empty -- save for a bustling network of green-, pink- or yellow-vested delivery drivers shepherding food across a shuttered city to the millions trapped indoors fearing an accelerating viral outbreak.

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BUSINESS

Startups reap pandemic revenues

Business, William Hicks, Published on 12/08/2020

» Thailand's top startups have seen double-digit growth windfalls in revenue following the pandemic, being well-positioned to benefit from the consumer and business shift to digital commerce during the lockdown.