NocNoc, the e-marketplace specialising in home products and services, leverages artificial intelligence (AI) to deliver personalised online and offline consumer experiences. The platform is expanding into new lifestyle categories to tap into the home and living market, estimated to be valued at around 450 billion baht. Better Bee Marketplace Co, the firm behind the platform, anticipates an initial public offering (IPO) in 2028.
Chollak Mahasuweerachai, the Chief Executive of Better Bee Marketplace, forecasts a 3% growth in the value of the home and living market this year, from 450 billion baht in 2023. This projection is in line with the growth rate achieved in the previous year. Despite economic adversities, consumers persist in enhancing their homes or purchasing new products, while new residential and commercial property projects continue to be developed upcountry.
The online…
