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Line Man Wongnai targets listing as early as 2025 -exec

TOKYO (Reuters) -Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for an initial public offering and is targeting a listing as soon as 2025, according to a senior executive at the Southeast Asian unicorn. The company sees a listing in Bangkok as its base case but would also consider a dual listing in a market such as the United States if there is sufficient investor interest, Chief Financial Officer In Young Chung told Reuters in an interview. A successful listing would be a landmark for startups in the region and a win for chat app operator Line, which is part of SoftBank's sprawling tech empire, in efforts to back growth businesses in Asia.

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