Thai Review Portal Wongnai Receives Funding

The Thai review portal Wongnai has been injected with an undisclosed amount of Series-B funding. The move is expected to increase the five-year-old company's revenue by around 200%. With this fresh investment, Wongnai is due to launch its new online-to-offline services, and assist in an expansion outside the food and beauty lifestyle verticals which it currently occupies. Whilst the platform features 200,000 restaurants, beauty salons, and spas across Thailand, the company's CEO, Yod Chinsupakul said that the release of evouchers on the service last year was the first move towards O2O services. With 600,000 monthly active users and six offices, Wongnai hopes to increase this to 1 million users and six offices outside Bangkok by the end of 2016. 

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