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Monday, May 13, 2024

Line Man Wongnai takes majority stake in Rabbit Line Pay

Food delivery app business expanding by adding complementary digital services

Rabbit Line Pay is a popular payment choice for users of BTS mass transit services. (Bangkok Post File Photo)

The food delivery company Line Man Wongnai said on Thursday that it is acquiring a majority stake in the payments business Rabbit Line Pay in the latest deal by the Southeast Asian unicorn.

It did not disclose the financial details of…

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