Southeast Asian e-commerce enabler aCommerce aims to launch its initial public offering (IPO) this year while expanding into Vietnam to capture the burgeoning regional online shopping market, expected to be close to US$130 billion in value by 2025.
"We expect the IPO sometime this year," said Paul Srivorakul, aCommerce group chief executive. "We have spent nine years growing the business over five countries in Southeast Asia and invested 800 million baht to invest in technological capability."
The company now has a business presence in Thailand, Indonesia, Malaysia, the Philippines and Singapore.
