Line Man Wongnai eyes IPO in 2-3 years - News Summed Up

Line Man Wongnai eyes IPO in 2-3 years


A delivery worker from Line Man Wongnai picks up an order amid the Covid-19 outbreak. Mr Yod earlier told the Bangkok Post that Line Man Wongnai had been considering raising funds either through venture capital or an IPO. He said the pandemic makes it possible for Line Man Wongnai to become Thailand's first unicorn by this year. Line Man Wongnai aims to increase the number of cloud kitchens from three to eight this year to cater to restaurants focusing more on online expansion to reduce costs. Line Man Wongnai was created through the merger of restaurant review platform Wongnai and on-demand and delivery app Line Man in September last year.


Source: Bangkok Post May 17, 2021 23:37 UTC



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