The logo of Thailand Stock exchange is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing Rights
TOKYO, Sept 1 (Reuters) – Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for an initial public offering and is targeting a listing as soon as 2025, according to a senior executive at the Southeast Asian unicorn.
The company sees a listing in Bangkok as its base case but would also consider a dual listing in a market such as the United States if there is sufficient investor interest, Chief Financial Officer In Young Chung told Reuters in an interview.
A succesful listing would be a landmark for startups in the region and a win for chat app operator Line, which is part of SoftBank’s sprawling tech empire, in efforts to back growth businesses in Asia.
Line Man Wongnai competes with…
