Thai food delivery app Line Man Wongnai is considering an IPO in Thailand or the U.S. in 2025. It has strategic partnerships with Line and aims to grow its POS business and payments service. The company faces competition from Grab and GoTo in the food delivery space in Thailand. There is room for growth in online food and grocery delivery in Thailand. Line Man Wongnai is not considering expanding into other Southeast Asian countries before going public.
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