About LINE MAN Wongnai
LINE MAN Wongnai is a company based in Bangkok (Thailand) founded in 2020 by Pattrawoot Suesatayasilp, Suparit Krityakien, and Yod Chinsupakul.. LINE MAN Wongnai has raised $375 million across 2 funding rounds from investors including LINE Corporation, Taiwan Mobile and PTT Oil and Retail. LINE MAN Wongnai has completed 3 acquisitions, including FoodStory POS, JERA Cloud and Rabbit Line Pay. LINE MAN Wongnai operates in a competitive market with competitors including Deliveroo, Wongnai, Zeemart, WhyQ and Robinhood, among others.
- Headquarter Bangkok, Thailand
- Founders Pattrawoot Suesatayasilp, Suparit Krityakien, Yod Chinsupakul
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Line Man (Thailand) Company Limited
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Annual Revenue
$334.61 M (USD)49as on Dec 31, 2023
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Net Profit
$-7.3 M (USD)91as on Dec 31, 2023
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EBITDA
$-474.77 K (USD)99as on Dec 31, 2023
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Total Equity Funding
$375 M (USD)
in 2 rounds
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Latest Funding Round
$265 M (USD), Series B
Sep 26, 2022
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Investors
LINE Corporation
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
FoodStory POS
& 2 more
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Software Development Team
52 people
Product Management Team
16 people
Human Resources and Administration
10 people
Operations Team
9 people
Sales and Marketing
7 people
Data Analysis and Operations Team
7 people
Senior Team
5 people
Leadership Team
3 people
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Funding Insights of LINE MAN Wongnai
LINE MAN Wongnai has successfully raised a total of $375M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $265 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $265.0M
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First Round
First Round
(30 Jul 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - LINE MAN Wongnai | Valuation | GIC , LINE Corporation | |
| Jul, 2020 | Amount | Series A - LINE MAN Wongnai | Valuation | BRV Capital Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LINE MAN Wongnai
LINE MAN Wongnai has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include LINE Corporation, Taiwan Mobile and PTT Oil and Retail. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location | |
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Investments in multiple sectors are made by Bualuang Ventures.
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Founded Year | Domain | Location | |
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Provider of messaging, fintech, and entertainment services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LINE MAN Wongnai
LINE MAN Wongnai has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include FoodStory POS, JERA Cloud and Rabbit Line Pay. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides tailored management solutions for beauty clinics.
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2017 | ||||
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Digital wallet payments are enabled for consumers offline and online.
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2013 | ||||
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Cloud-based POS solutions are provided for restaurant operations.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LINE MAN Wongnai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Line Man Wongnai Comparisons
Competitors of LINE MAN Wongnai
LINE MAN Wongnai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deliveroo, Wongnai, Zeemart, WhyQ and Robinhood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Restaurants, hotels, and attractions are discovered via an online platform.
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| domain | founded_year | HQ Location |
B2B procurement solutions for food and beverage sectors are provided.
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| domain | founded_year | HQ Location |
Food courts and hawker centres are aggregated for collection-based delivery.
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| domain | founded_year | HQ Location |
Food and grocery deliveries are enabled through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Line Man Wongnai
Frequently Asked Questions about LINE MAN Wongnai
When was LINE MAN Wongnai founded?
LINE MAN Wongnai was founded in 2020.
Where is LINE MAN Wongnai located?
LINE MAN Wongnai is headquartered in Bangkok, Thailand.
Who is the current CEO of LINE MAN Wongnai?
Yod Chinsupakul is the current CEO of LINE MAN Wongnai. They have also founded this company.
Is LINE MAN Wongnai a funded company?
LINE MAN Wongnai is a funded company, having raised a total of $375M across 2 funding rounds to date. The company's 1st funding round was a Series A of $110M, raised on Jul 30, 2020.
What is the annual revenue of LINE MAN Wongnai?
Annual revenue of LINE MAN Wongnai is $334.61M as on Dec 31, 2023.
What does LINE MAN Wongnai do?
LINE MAN Wongnai was established in 2020 in Bangkok, Thailand, as an online platform in the food and logistics sector. Core operations involve food and grocery delivery, along with messenger and taxi services. Additional features include point-of-sale systems, advertising tools, and financial services. The platform supports various business needs within the Thai market.
Who are the top competitors of LINE MAN Wongnai?
How many acquisitions has LINE MAN Wongnai made?
LINE MAN Wongnai has made 3 acquisitions, including FoodStory POS, JERA Cloud, and Rabbit Line Pay.
Who are LINE MAN Wongnai's investors?
LINE MAN Wongnai has 6 investors. Key investors include LINE Corporation, Taiwan Mobile, PTT Oil and Retail, GIC, and BRV Capital Management.
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