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Thai Startup Eyes IPO in Hong Kong or New York

Bloomberg Markets •
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Line Man Wongnai, a Thai technology startup, is exploring an initial public offering (IPO) in either Hong Kong or New York. The move, backed by Singapore’s GIC Pte, reflects a strategic shift to access deeper pools of capital and potentially achieve a higher valuation than possible in the local market. This decision highlights the increasing global ambitions of Southeast Asian tech firms.