Line Man Wongnai, an on-demand service unicorn, is looking to attain profitability and list on the Stock Exchange of Thailand (SET) over the next few years while counting on digital loans to drive growth.
Line Man Wongnai, whose key business lies in food delivery, also has a lofty aim to become a "decacorn" -- a startup firm with a valuation of over US$10 billion.
"Our next ambitious plan is to become a decacorn and list on the SET. We want to be a national champion among local tech firms standing in the SET 50," said Yod Chinsupakul, chief executive of Line Man Wongnai.
The firm recently achieved unicorn status after securing $265 million in a Series-B fundraising round. The fresh funding will ensure the firm's cashflow until the IPO, he said.
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