Market Chatter: Thai Tech Startup Line Man Wongnai Weighs Hong Kong or New York IPO

MT Newswires Live
Feb 09

Line Man Wongnai, a Thai technology startup backed by Singapore's GIC, is weighing an initial public offering in Hong Kong or New York, Bloomberg News reported, citing Chief Executive Officer Yod Chinsupakul.

The operator of food delivery, ride-hailing, and e-payment services is exploring an overseas listing after shelving plans for a domestic listing, and expects to make a final decision by the end of June, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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