Showing 1 - 10 of 86
Delivery app rivals cut fees
Business, Suchit Leesa-nguansuk, Published on 28/10/2025
» Line Man Wongnai has trimmed its gross profit (GP) fee to 7-9% to match that offered by Grab for merchants who participate in the "Khon La Khrueng Plus" co-payment scheme.
Robinhood seeks profitability in 2026
Business, Nuntawun Polkuamdee, Published on 22/10/2025
» Robinhood, Thailand's homegrown food delivery platform under Purple Ventures Co Ltd, expects to resume profitability next year after stepping up efforts to enhance customer loyalty and engagement through its new Robinhood Coin initiative.
Robinhood and Foodpanda Thailand announce ‘strategic redirection’
Published on 20/05/2025
» Robinhood, the Thai-born food delivery platform operated by Purple Ventures Co Ltd, a subsidiary of the Yip In Tsoi Group, has announced a strategic redirection agreement with Foodpanda Thailand, part of Germany-based Delivery Hero.
Robinhood and Foodpanda eye tie-up
Suchit Leesa-nguansuk, Published on 02/05/2025
» Yip In Tsoi, the operator of the food delivery platform Robinhood, is in discussions with Delivery Hero, the parent of foodpanda, over a potential strategic redirection agreement potential collaboration models, though not for an acquisition.
Line Man Wongnai to invest B10bn in tech, buy 2 startups
Business, Suchit Leesa-nguansuk, Published on 30/04/2025
» Line Man Wongnai plans to invest 10 billion baht in technology over five years, mainly on artificial intelligence (AI), while it wants to acquire 1-2 tech startups.
Yip In Tsoi ‘interested in Foodpanda’
Business, Suchit Leesa-nguansuk, Published on 29/04/2025
» Yip In Tsoi, the operator of the Robinhood application, is reportedly interested in acquiring the online food delivery business of Foodpanda, which is scheduled to exit Thailand on May 23.
Foodpanda calls it a day in Thailand
Business, Suchit Leesa-nguansuk, Published on 24/04/2025
» Analysts expect Thailand's food delivery market will have only two to three major players as market maturity requires economies of scale and players diversifying to businesses with better profit margins.
Grab eyes higher revenue from specific groups
Business, Suchit Leesa-nguansuk, Published on 19/03/2025
» Grab Thailand wants to expand its revenue growth among Gen Alpha and Baby Boomers, according to the super-app.
Bitcoin rallies to record level ahead of Trump's inauguration
Bloomberg News, Published on 20/01/2025
» WASHINGTON — Bitcoin climbed to a fresh record as the United States prepares to inaugurate Donald Trump to his second presidential term, following a weekend during which his own newly-launched digital token rattled crypto markets.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.