Business trends

Thai logistics startup builds war chest to battle regional rivals

Flash Group raises $150m amid booming Southeast Asian e-commerce market

20210602 Flash Group

Thailand's Flash Group raises funds to meet raising demand in Southeast Asia. (Photo courtesy of the company)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
June 3, 2021 12:00 JST

BANGKOK-- Thai e-commerce logistics startup Flash Group has raised $150 million, strengthening its financial muscle to compete in the fierce Southeast Asian market that is home to more than 350 million online consumers.

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