Thailand ranked 34th out of 36 countries in terms of attractiveness to online global marketplace players, according to a study conducted by global payout solution provider Hyperwallet. The 12 countries ranked as established are China, the US, Britain, Germany, India, Singapore, Australia, Canada, Austria, Denmark, South Korea and the Netherlands. Marketplaces looking to do business in Thailand still face large grey areas in the sharing-economy business models, poor payment infrastructure and lowly ranked ease of doing business. Countries ranked in the emerging tier include Norway, Belgium, Sweden, United Arab Emirates, Finland, Indonesia, Hong Kong, France, Czech Republic, Japan, Israel and Malaysia. These countries exhibit some important strengths, but also some important barriers for entry, including an imperfect consumer base, strong local marketplace players and difficult business environment.

Source: Bangkok Post October 26, 2017 20:26 UTC