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Singapore-based Thor Group achieves positive earnings for both Q4 2020 and Q1 2021 with unique two-pronged business model

Share this article Share this article SINGAPORE, March 12, 2021 /PRNewswire/ Thor Group growing prominence in SEA and South Asia s entertainment sector has yielded the two-year-old firm positive earnings for both the fourth quarter of 2020 and the first quarter of 2021. The company says it owes the success to its innovative business model combining scenario-based consumption and merchandising operations by precisely targeting consumers based on their scenario-specific consumption habits. Thor s product lines span three sectors that are going through a substantial amount of transformation in the Southeast and South Asian markets: gaming, finance and e-commerce. In 2020, the company experienced accelerated growth and expanded into a number of emerging markets, including Bangladesh, Egypt, India, Pakistan, the Philippines, Thailand and Vietnam, by providing consumers there with products that meet their evolving expectations. The approach served to deliver profits over the past tw

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