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GENERAL

Chat commerce set to surge

Business, Suchit Leesa-nguansuk, Published on 16/01/2024

» Line Thailand forecasts that the value of chat commerce will reach 1.14 trillion baht in 2028, up from 462 billion baht in 2023, with a compound annual growth rate of 19.2%.

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GENERAL

Losses tally B6.76bn in past 70 days

Business, Suchit Leesa-nguansuk, Published on 16/01/2024

» Cybercrime caused damage tallying 6.76 billion baht over the past 70 days, according to the Cyber Crime Investigation Bureau.

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GENERAL

Unleashing the power of AI

Business, Suchit Leesa-nguansuk, Published on 15/01/2024

» The recent launches of more artificial intelligence (AI)-enabled devices, especially PCs and smartphones, provide consumers with AI assistants that will enable them to perform tasks conveniently and efficiently, according to tech analysts.

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GENERAL

2C2P bullish on revenue growth in 2024

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» 2C2P (Thailand), a global payments platform under the Ant Group, has continued to grow by gaining more merchant partners from Alibaba while catering to small and medium-sized enterprises (SMEs) operating offline, enabling them to receive e-wallet payments from Chinese visitors to Thailand.

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GENERAL

Konvy aiming to achieve unicorn status by 2027

Business, Suchit Leesa-nguansuk, Published on 12/01/2024

» Konvy International, a Bangkok-based online beauty platform, aims to become a unicorn by 2027 via expansion in Southeast Asia and a plan to go public by that time.

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GENERAL

Agency seeks allies to take down scams

Business, Suchit Leesa-nguansuk, Published on 08/01/2024

» The National Cyber Security Agency (NCSA) is seeking an alliance to urge Meta, the parent of Facebook, to implement stronger measures to handle scam advertising on the platform.

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GENERAL

IT sales surge in first week of January

Business, Suchit Leesa-nguansuk, Published on 09/01/2024

» Smartphones and computer products posted strong sales growth of 30-60% during the first week of January, boosted by the government's e-receipt programme, signalling a positive sales result for the first quarter, according to IT product vendors.

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GENERAL

E-commerce competition set to heat up

Business, Suchit Leesa-nguansuk, Published on 06/01/2024

» The round of layoffs taking place at Alibaba-owned Lazada in Southeast Asia signals tougher competition in Thailand's e-commerce sector as players jockey for profit growth to increase investor confidence and prepare for new rivals.

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GENERAL

Competition in delivery services to intensify

Business, Suchit Leesa-nguansuk, Published on 03/01/2024

» Chinese logistics giant SF Holding's acquisition of shares in Kerry Express (Thailand) is set to intensify competition in Thailand's delivery services sector.

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GENERAL

E-commerce faces tax crackdown

Business, Suchit Leesa-nguansuk, Published on 04/01/2024

» The Revenue Department's decision to require digital platforms to report revenue gained from their online merchants is expected to affect Thailand's e-commerce landscape on many fronts.