LINE MAN Wongnai Looks Abroad as Thai IPOs Stall
Thai IPOs raised THB 13 billion in 2025, the lowest since 2010, and the delivery company, which says it turned profitable in 2025, now targets 2027.
Company
A Thai food delivery and restaurant platform that postponed a Stock Exchange of Thailand listing and is weighing an IPO in Hong Kong or New York.
Thai IPOs raised THB 13 billion in 2025, the lowest since 2010, and the delivery company, which says it turned profitable in 2025, now targets 2027.