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BUSINESS

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.

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BUSINESS

Tencent mulls WeChat Pay roll-out

Business, Dumrongkiat Mala, Published on 26/11/2018

» Tencent Holdings, China's largest gaming and social media company, is considering launching WeChat Pay, a digital payments platform service, in Thailand.

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THAILAND

'Flying taxi' startup Lilium raises $90m from Tencent, others

Business, Reuters, Published on 06/09/2017

» FRANKFURT: Lilium, a German start-up with Silicon Valley-scale ambitions to develop a five-passenger "flying taxi", has raised a second, $90 million round of financing from top tech investors, making it one of the best-funded electric aircraft projects to date.

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WORLD

Game on in Asean

Asia focus, Erich Parpart, Published on 13/02/2017

» Asean governments, especially in Vietnam, Malaysia and Singapore, are providing significant support to game designers, aiming to attract talent to develop an industry that is booming alongside demand for mobile games in China.

BUSINESS

Rakuten to buy Viber messaging app

Bloomberg News, Published on 14/02/2014

» TOKYO — Rakuten Inc, the Japanese online retailer controlled by billionaire Hiroshi Mikitani, is buying the Viber Internet messaging and calling service for $900 million as it moves into social networking.

ADVANCED NEWS

Google Thailand opens for business

Jon Fernquest, Published on 25/08/2011

» Aims to increase online advertising spending and increase Thai content, opens new chapter for Thailand's internet industry.