Data Vantage: LINE MAN Wongnai, Glife, Mangkokku and others receive capital

Data Vantage: LINE MAN Wongnai, Glife, Mangkokku and others receive capital

Thai food delivery startup LINE MAN Wongnai on Monday announced raising $265 million in a Series B funding round co-led by Singapore sovereign wealth fund GIC and Japan’s LINE Corporation. The financing pushed its valuation beyond the vaunted $1 billion mark, making it Thailand’s latest unicorn.

The round was backed by PTT Oil and Retail Business Public Company, BRV Capital Management, Bualuang Ventures, and Taiwan Mobile.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter