Local conglomerates eye Robinhood food delivery app

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The story "Local conglomerates eye Robinhood food delivery app" was covered 8 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 8h ago

Local conglomerates eye Robinhood food delivery app - Bangkok Post

Quick Summary:

Local conglomerates are expected to be potential buyers of the Robinhood food delivery app as SCB X negotiates its sale and postpones its closure.

According to Creden, Grab Taxi (Thailand) posted a profit for a second consecutive year in 2023, with revenue expanding 2.8% to 15.6 billion baht, the lowest growth rate in recent years.

This fee applies to food delivery services for orders less than 70 baht and marketplace services for orders less than 100 baht.