New investment makes LINE MAN Wongnai Thailand's largest tech startup
LINE MAN Wongnai announced today that it has raised US$265 million in a Series-B investment round led by GIC, Singapore's sovereign...
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Sep 26, 20221 min read
Central opens membership store of ‘affordable premium imports’ to beat price crisis
Central Retail aims to soften the cost-of-living crisis for Thailand’s middle class with Tops CLUB, a new membership-based store selling...
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Sep 19, 20221 min read
Food delivery company Robinhood to launch ride-hailing services this year
Robinhood, the food delivery company backed by Siam Commercial Bank, will introduce car-hailing services by the end of this year as it...
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Sep 13, 20221 min read
Banks participate in $5m DeFi fundraising
The venture capital (VC) arms of Kasikornbank (KBank) and Bank of Ayudhya (BAY) have participated in a US$5-million (about 160 million baht)
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Sep 9, 20221 min read
Sea Ltd shuts operations in some Latin American countries
Singapore-based Sea Ltd's (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile, Colombia, and Mexico while...
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Sep 9, 20221 min read
Thai fashion retailer Pomelo culls staff
Thai omnichannel fashion retailer, Pomelo, has laid off about 55 employees – equivalent to 8 percent of its headcount – following other...
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Sep 7, 20221 min read
Food delivery firm foodpanda lays off staff in Southeast Asia
SINGAPORE - Food delivery company foodpanda has reportedly laid off 5 percent of its 1,200 staff in Singapore in a bid to remain...
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Sep 6, 20221 min read
TMBThanachart Bank waives fees after app suffers glitch
TMBThanachart Bank (ttb) has offered remedy measures to a number of its ttb touch mobile banking application users who suffered from a...
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Sep 6, 20221 min read
New App ‘To Bridge Wealth Gap’ With Stocks Trading For Low Earners
Kiatnakin Phatra (KKP) Bank is launching a new app called Dime! As a way for Middle-To-Low Income groups to invest in the stock market....
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Aug 31, 20221 min read
Grab-Singtel beats Sea to the punch with Singapore digital bank
Singapore-based superapp developer Grab and telco Singtel announced the rollout of the city-state's newest virtual bank, named GXS, more...
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Aug 30, 20221 min read
TAT joins hands with Huawei to promote smart tourism
Tourism Authority of Thailand (TAT) and Huawei Technology (Thailand) sign a memorandum of understanding (MoU) for "Digital Transformation...
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Aug 30, 20221 min read
PromptBiz targets SME digital payments
National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure...
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Aug 30, 20221 min read
Thai AirAsia X ramps up Australian flights
With a lack of inbound flights still posing a challenge for tourism, Thai AirAsia X is planning two new routes to Australia and one to...
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Aug 30, 20221 min read
True, DTAC set date for 1st joint shareholders' meeting
True Corporation and Total Access Communication (DTAC) will hold their first joint shareholders meeting on Oct 3 to consider extending...
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Aug 23, 20221 min read
OR penetrates the beauty-health business, invests 144 million, invests in GoWabi
Ms. Rajsuda Rangsiyakul Senior Executive Vice President on duty ORion Project Director, PTT Oil and Retail Business Public Company...
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Aug 23, 20221 min read
Samsung may launch its own crypto exchange platform in 2023
Samsung Securities is reportedly working on launching its own crypto exchange platform early next year. Reports say that Samsung isn’t...
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Aug 23, 20221 min read
Opn announces name change of Omise to ‘Opn Payments’
Opn, the one-stop payment solutions company from Japan and Southeast Asia, announced today that it has changed the name of its payment...
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Aug 22, 20221 min read
CPF JOINS HANDS WITH BANGKOK BANK OFFERING THE SUPPORT ITS SUPPLIERS
Charoen Pokphand Foods Public Company Limited (CPF) and Bangkok Bank jointly launch the “CPF x BBL Liquidity Scheme for Suppliers”,to...
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Aug 17, 20221 min read
Tencent plans to divest Meituan stake worth $24 billion
HONG KONG, Aug 16 (Reuters) - China's Tencent Holdings (0700.HK) plans to sell all or a bulk of its $24 billion stake in food delivery...
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Aug 17, 20221 min read
FSMART invests more in “flying turtle cabinets” in the second quarter, sales exceed 346 million baht
Tao Bin beverages are known for their affordable prices, along with its cutting-edge technology. “Profits earned from the Tao Bin...
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