Funding rounds, founders and the next generation of Asian retail bets.
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-cab, according to a statement from Singapore’s competition watchdog. The Competition and Consumer…
Thailand-based food delivery platform and unicorn Line Man Wongnai is negotiating to acquire the local unit of Foodpanda. German online food-delivery service provider Delivery Hero owns Foodpanda Thailand. Citing people familiar with the matter, the news…
hai food delivery app Lineman Wongnai on Monday said it has raised US$265 million from Singapore’s GIC, PTT Oil and Retail Business, Taiwan Mobile, and other investors. The startup said the investment round puts the company’s value at over US$1 billion,…
JD-backed Thai fashion e-commerce startup Pomelo plans to boost revenue by offering its own technology in analytics and demand forecasting to other fashion brands in the region, its CEO David Jou says, amid slowing offline sales. The women’s fashion firm,…
Food and grocery delivery service Foodpanda has launched a Covid-19 vaccination awareness campaign across Asia in the lead-up to WHO’s World Immunisation Week. The campaign, which aims to reach more than 10 million people across Asia, will include a series of…
Siam Commercial Bank has made a “significant investment” in Indonesian ride-hailing app Go-Jek. Go-Jek, which has an estimated valuation of around US$10 billion, will be offering financial services in partnership with the bank as well as expand its food…
Digital remittance company InstaReM has partnered Thai banking group Kasikornbank in an agreement that would see the Singapore startup power cross-border payments for the bank’s clients in select markets, it announced in a press release on Thursday. This…
Innovative startup runs out of cash; suspends Hong Kong and Thai operations. Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse. According to an in-depth, citing multiple…
Recently, Echelon, the tech event startup organizer from Singapore held an event at WeWork Asia Centre in Bangkok. The Echelon Roadshow is part of a series of international stops leading up to the annual Echelon Asia Summit happening in May. The event brought…
V-MORE, Asia’s leading e-commerce supply chain management platform, has announced its plans to expand into Thailand. Over the pasts 12 months, the fast-growing one-stop e-commerce platform which has already garnered 500,000 users in the region. V-MORE aims to…
Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push. The move will start with ride-hailing services…
Malaysian food-delivery startup Dahmakan, which raised US$2.6 million early this year, has acquired Bangkok-based competitor Polpa for an undisclosed amount. Dahmakan co-founder Jessica Li says Polpa has been integrated into the brand. The Thai startup’s…
Evergreen guides that explain the mechanics behind this coverage.
Thailand
A mature, highly organised retail market where a handful of groups control the best space, tourism moves the numbers, and convenience density is world-class.
Asia Market Guides · 10 min read
Thailand
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Thailand.
Asia Market Guides · 8 min read
Thailand
How last-mile delivery works in Thailand, what drives cost per drop, and how to set a service promise you can keep.
Asia Market Guides · 8 min read
Thailand
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Thailand.
Asia Market Guides · 8 min read
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Read by retail operators, investors and brand teams across Asia.