LINE MAN Wongnai announced today that it has raised US$265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan Mobile. With this investment, LINE MAN Wongnai has achieved
LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan Mobile.
Mr. Badr Albadr, Deputy Minister of Investors Outreach, Mr. Fahad Alnaeem, Deputy Minister of Investment Development together with Mr. Sathana Kashemsanta Na Ayudhya, Acting Ambassador of Thailand to Kingdom of Saudi Arabia, Mr. Hussain Alabdulkader, Secretary General-Federation of Saudi Chambers of Commerce, Dr. Emad Abdulaziz Al Thukair, Chairman of Advanced System Group, and Ms. Jiraphon Kawswat, President & Chief Executive Officer, PTT Oil and Retail Business Public Company Limited (OR), participated in a signing ceremony to grant the master franchise rights of Café Amazon in the Saudi Arabia market and celebrated the official launch of Café Amazon in InterHealth Hospital, or IHH, in Riyadh, which is the first branch in Saudi Arabia.