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Wednesday, May 15, 2024

Bangkok Post – Many firms keen on SET listing

According to the Google Temasek ‘E-conomy’ report, e-commerce in Southeast Asia was worth $139 billion in 2023 and will grow at a compound annual growth rate of 16% to $186 billion by 2025.

Many local technology and IT-related firms are gearing up to launch initial public offerings (IPOs) on the Stock Exchange of Thailand (SET) in 2025 or 2026, emphasising strategies for business expansion and cost reduction.

The list includes Southeast Asia e-commerce enabler aCommerce, on-demand super app Line Man Wongnai, provider of construction software-as-a-service Builk One Group, and IT retailer JIB Computer Group Co.

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