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Business deals

Thai unicorn Flash Express partners with AIF Group in Laos

E-commerce startup looks to expand later in Cambodia and Vietnam using Lao network

Thai e-commerce unicorn Flash Express is joining with AIF Group to develop Laos market.  (Photo courtesy of the company) 

BANGKOK -- Flash Express, an e-commerce startup and Thailand's sole unicorn at present, has entered a joint-venture with Lao conglomerate AIF Group to expand logistics in the fabled Land of a Thousand Elephants. 

Flash Laos will start out in Vientiane, the Lao capital, serving the booming cross-border e-commerce with Thailand before expanding to other parts of the landlocked communist state, Flash Express Chief Executive Komsan Lee said on Thursday. 

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