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'Thai Meituan' LINE MAN Wongnai Mulling HK or US IPO: Wire
2026-02-06 18:00:17
Thai tech company LINE MAN Wongnai (LMWN), backed by Singapore's sovereign wealth fund GIC and dubbed the "Thai Meituan", is evaluating the possibility of listing in Hong Kong and the US to seek more investor demand and higher valuations, Bloomberg reported, citing sources.

CEO Yod Chinsupakul said that a final decision on the IPO is expected by the end of June this year. Due to Thailand's unfavorable macro environment, economic weakness and political instability, the company should opt for listing in more active and vibrant stock markets.
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