By Nguyen Thi Bich Ngoc
The launch of the Thai chapter followed the same fundamentals that TFI had been doing in Vietnam, Bobby Liu, director of the programme, told DEALSTREETASIA.
Formerly known as JobNisit, the startup’s portal now reportedly has 500 signed up hiring companies, with an average of 400,000 monthly visitors.
Thailand is seeking to set up an investment holding company next year for government shareholdings.
Over 30 Thai angel investors have been brought together by local angel investment platform Shift Ventures, to form an angel network with a capital commitment of over $30 million to fund Thai and regional tech startups.
“Partnering with iDCC, which brings significant expertise in servicing games in Thailand, will enable Nexon to provide enhanced local user support for delivering our various mobile games to users in Thailand,” said Jiwon Park, the Representative Director and President of Nexon Korea.
Thailand’s poultry producer Charoen Pokphand Foods Public Company Ltd (CP Foods) will acquire one of largest producer of single serve frozen entrees in the US, Bellisio Parent LLC for $1.07 billion.
Australian dating products and services firm DateTix Group Ltd has announced the acquisition of Thailand’s dating app provider Noonswoon in a bid to expand its footprint in Southeast Asia.
Thailand’s software developer for hotels Comanche International will spend most of IPO proceeds on acquisition, while STP&I acquires the majority stakes in waste power plant for $24 million.
The Thai cash and carry operator said in a regulatory filing that it will be buying 80 per cent each in these targeted companies, which are Indoguna (Singapore) Pte Ltd, Indoguna Dubai LLC and two Hong Kong-based firms Lordly Company Limited and Just Meat Company Limited.
Bangkok-based angel investor lobby Bangkok Venture Club has announced a $20 million fund to invest in startups across Southeast Asia, the money to be raised from the club’s investors and a large global investor network within the next 60 days.