Thailand

Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry

Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.

LINE MAN Wongnai and LINE Thailand acquire Rabbit LINE Pay’s shares

LINE MAN Wongnai and LINE Company (Thailand) Limited acquire the shares of Rabbit LINE Pay Company Limited (RLP) from previous shareholders RabbitPay System Company Limited and Advanced mPAY Company Limited. The transaction allows LINE MAN Wongnai to become the majority shareholder of RLP.

Techsauce Global Summit 2023 concludes with resounding success

The summit saw over 16,000 visitors from 50 countries worldwide, with an international participation rate of over 40 percent.

Thailand’s TrueMoney facilitates staff benefits for Charoen Pokphand (C.P.) Group and Lotus’s in Malaysia

TrueMoney, a Thailand-based e-wallet services provider, has officially facilitated with Thailand's Charoen Pokphand (C.P.) Group and supermarket chain, Lotus’s, to empower staff benefits in Malaysia. Starting from May, Lotus’s staff can enjoy the convenience of facilitated offers and benefits from TrueMoney, while C.P. Group staff will receive these…

Central Retail partners Ant Group to launch Alipay+ to provide digital payment services for Asian travellers in Thailand

Thailand-based retailer Central Retail Corporation has joined forces with China-based technology provider Ant Group to launch Alipay+ at its stores, providing comprehensive services for international digital payments to enhance convenience for Asian tourists from Chinese mainland, Hong Kong SAR, Malaysia and South Korea.

Thailand’s HD secures investment from FEBE Ventures to fuel expansion into Vietnam

HD, the healthcare and surgery marketplace based in Thailand, has announced a significant investment from FEBE Ventures, a prominent venture capital firm based in Vietnam. This strategic partnership further strengthens HD’s position as the go-to platform for accessible and affordable healthcare services and elective surgeries in the Southeast Asia……

500 Global-backed Thai food biotech firm IncreBio to launch products in Singapore by year-end

The company has raised over $2 million from 500 Global, TOP Ventures (CVC-arm of Thai Oil PLC) and angel investors—from a group of former executives of Coca-Cola, PepsiCo and Dole, to a family office of one of the largest healthcare networks in Southeast Asia.

LINE MAN Wongnai acquires Thai POS startup FoodStory

Thailand-based e-Commerce platform LINE MAN Wongnai said Thursday it has reached an agreement to acquire FoodStory, a Thai startup specializing in restaurant point-of-sales (POS) systems, in order to expand its merchant solutions business to every restaurant segment in Thailand.

Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing

CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…

Techsauce Global Summit 2023: Southeast Asia’s premier international technology conference to take place in Bangkok

The event aims to foster collaboration between governments, private organizations, and international companies, with a focus on promoting the digital economy and creating opportunities for #Thailand #SMEs and startups to expand globally. Under the theme of '#Social Impact, #Climate Technology, and Cutting-Edge Technology,' the summit will take place at the…