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Thailand’s Line Man Wongnai Eyes IPO in 2025

Line Man Wongnai, a leading food delivery service in Thailand, is contemplating an initial public offering (IPO) on either a Thai exchange or in the United States in 2025, according to Yod Chinsupakul, the company’s CEO and co-founder. While the IPO’s launch location has yet to be finalized, Chinsupakul mentioned the possibility of a dual listing in Thailand and the U.S.

With its diverse services, Line Man Wongnai holds a prominent position in the Thai market, offering food and grocery delivery, ride-hailing, and messaging features. As the company prepares for the IPO, Chinsupakul will focus on business operations and restructuring, evaluating capital structure and financial needs, and various fundraising options. However, no definitive decisions have been reached, and dual…

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