BBL completed the acquisition deal in October 2020 following completion of the mandatory tender offer agreement. The new entity, called Line Man Wongnai, is expected to have strength in both online and offline ecosystems. Line Man engages with 200,000 restaurant partners and Wongnai offers a point-of-sale solution for restaurant management, which is a growing business. Yod Chinsupakul, chief executive of Line Man Wongnai, said the pandemic accelerated online food delivery adoption by 1-2 years. Line Man Wongnai aims to become a unicorn startup and hold pole position in the country's end-to-end food platform by 2023.

Source: Bangkok Post December 24, 2020 22:52 UTC