Mr Komsan started Flash Express in 2018 with 400 million baht.
Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding — just three years into operations, according to the company’s owner.
A unicorn is a startup company that is valued at more than $1 billion (around 31.2 billion baht).
The company has set out an ambitious plan to rank in the top three in the logistics business in Southeast Asia within the next five years, enabling Thailand to serve as a regional logistics hub.
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