Mr Komsan started Flash Express in 2018 with 400 million baht. Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding -- just three years into operations, according to the company's owner. A unicorn is a startup company that is valued at more than $1 billion (around 31.2 billion baht). We need prepare to grow across borders and create more opportunity for small and medium-sized enterprises [SMEs]," Mr Komsan said. "Even we become a unicorn now, nothing will change as we still need to work hard and make active decisions in order to grow," Mr Komsan said.

Source: Bangkok Post May 31, 2021 22:52 UTC