Thai tech companies draw global interest
Chinese search giant Baidu seeks partners
- Published: 23/09/2011 at 08:44 AM
- Newspaper section: Business
Competition in the local online business is heating up with some global companies exploring opportunities to buy or form partnerships with Thai online firms to provide services here.
Baidu, a Chinese search engine operator, is in talks to invest in some Thai websites with strong customer bases such as Mthai and Kapook, said an industry source.
Earlier, Living Social, a US online discount-deals operator, acquired Ensogo, a Thai company operating the same business, while Rakuten, a Japanese e- commerce company, bought Tarad.com, a Thai online market. The two global players came to Thailand as they are looking to expand to the fast-growing, less-crowded Asian market.
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About the author
- Writer: Suchit Leesa-nguansuk
- Position: Reporter
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