The Thai economy witnessed the birth of three unicorn companies this year Flash Express, Ascend Money and Bitkub Online debunking the belief that the country doesn't have the supporting ecosystem for unicorn startups to thrive.
Despite the impacts of Covid-19 outbreak that have affected several industries in Thailand, in the year 2021 the country still manages to see up to three startup companies becoming ‘unicorns’, a term dedicated to startups valued at more than $1 billion. These companies are Flash Group, Ascend Money and the newcomer Bitkub.
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