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LINE MAN Wongnai To Fund New Acquisitions With IPO

Bloomberg
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⚡ Quantum Brief
Thai tech startup LINE MAN Wongnai plans to use its upcoming IPO proceeds to fund new acquisitions, according to CEO Yod Chinsupakul. The company operates in food delivery, groceries, and ride-hailing. The IPO aims to accelerate expansion in Southeast Asia’s competitive on-demand services market. Chinsupakul highlighted growth opportunities in digital payments and logistics integration. No specific acquisition targets or IPO valuation were disclosed during the interview. The company seeks to strengthen its regional dominance amid rising competition. Chinsupakul emphasized scaling operations through strategic purchases rather than organic growth alone. The move aligns with broader industry consolidation trends. The announcement comes as global markets face volatility, with the IPO timing reflecting confidence in Thailand’s tech sector. Analysts note increasing investor appetite for regional super-apps.
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Mar 19th, 2026LINE MAN Wongnai To Fund New Acquisitions With IPOLINE MAN Wongnai CEO Yod Chinsupakul says his Thai tech start-up, which connects customers and suppliers through food delivery, groceries and ride-hailing, hopes to fund new acquisitions with its initial public offering. He speaks with Haslinda Amin on "Insight with Haslinda Amin."Duration:3:46Trump Presses Israel, Iran to Stop Attacking Gas SitesHorizons Middle East & AfricaDuration:2:03Oil Spike Hits Asian Economies HardDuration:2:31HSBC Weighs Job Cuts From Multiyear AI-Fueled OverhaulDuration:1:58Powell Says Fed Rates Are Borderline RestrictiveDuration:1:22Bank of Japan Holds Steady on RatesDuration:1:37Fed Leaves Rates Unchanged, Projects One Cut in 2026Duration:3:08Jeff Currie Says Oil Is ‘Mispriced’ at $100 Per BarrelDuration:1:30Prices Paid to US Producers Rise on Goods, Services CostsAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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