LINE MAN Wongnai

LINE MAN Wongnai
Native name
ไลน์แมน วงใน
Company typePrivate
Industry
Predecessor
  • Wongnai
  • LINE MAN
FoundedJuly 2020 (2020-07)
HeadquartersBangkok, Thailand
Area served
Thailand
Key people
Yod Chinsupakul (CEO)
Services
Websitehttps://lmwn.com/

LINE MAN Wongnai is a Thai technology company headquartered in Bangkok, Thailand.[1][2] It was established in 2020 through the merger of the application LINE MAN and the restaurant review platform Wongnai. The company operates multiple online services such as food delivery, grocery delivery, ride-hailing, and payment solutions.[3][4] In 2022, the company reached a valuation exceeding US$1 billion, making it a unicorn startup.[5][6][7]

In December 2025, the company announced the postponement of its planned initial public offering on the Stock Exchange of Thailand, citing unfavorable market conditions, and stated it would focus on potential further mergers and acquisitions.[8]

History

Wongnai

In 2010, Wongnai was founded by Yod Chinsupakul and three co-founders.[9][2] It began as a crowd-sourced restaurant review platform and later expanded into beauty and travel reviews. By 2020, Wongnai stated that it had gathered a database of over 400,000 restaurants and more than 10 million monthly active users.[10]

LINE MAN

LINE MAN was launched in 2016 by LINE Thailand, a subsidiary of Line Corporation. It leveraged Line Messenger's large user base in Thailand, which had 49 million users (the second-largest market globally after Japan), to offer an on-demand food delivery application.[11][12] After its launch, the app expanded its services to include a ride-hailing service in February 2018, as well as parcel and grocery delivery.[12] In 2019, LINE MAN was spun off from LINE Thailand into a separate company.

On July 30, 2020, LINE MAN announced a merger with Wongnai.[13] The merger coincided with a US$110 million (approximately 3.46 billion baht) capital investment from BRV Capital Management.[10] Following the merger, Line Corporation appointed Yod Chinsupakul as the chief executive officer.[9]

References

  1. ^ Leesa-nguansuk, Suchit (2025-11-05). "Line Man Wongnai banks on co-pay lift". Bangkok Post. Retrieved 2026-01-24.
  2. ^ a b "About Us - LMWN". LMWN - LINE MAN Wongnai (in Thai). 2021-10-26. Retrieved 2026-01-24.
  3. ^ Team, Techsauce. "Thailand's LINE MAN Wongnai Reaches Unicorn Status After Raising Series-B Funding". Techsauce (in Thai). Retrieved 2026-01-24.
  4. ^ "Thai food delivery startup Line Man Wongnai takes majority stake in Rabbit Line Pay". Reuters. August 31, 2023. Retrieved 2026-01-24.{{cite web}}: CS1 maint: deprecated archival service (link)
  5. ^ Park, Kate (2024-05-09). "Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025". TechCrunch. Retrieved 2026-01-24.
  6. ^ Burgos, Jonathan. "Food Delivery App Becomes Thailand's Newest Unicorn After $265 Million Fund Raise". Forbes. Retrieved 2026-01-24.
  7. ^ "Unicorn startups in Thailand (Jan, 2026) - Tracxn". tracxn.com. 2026-01-19. Retrieved 2026-01-24.
  8. ^ Leesa-nguansuk, Suchit (2025-12-11). "Line Man Wongnai postpones SET listing". Bangkok Post. Retrieved 2026-01-24.
  9. ^ a b "Wongnai founder Yod to head up Line Man merger". Bangkok Post. 2020-08-07. Retrieved 2026-01-24.
  10. ^ a b Leesa-nguansuk, Suchit (2020-07-31). "Line Man-Wongnai merger bags $110m". Bangkok Post. Retrieved 2026-01-24.
  11. ^ Hye-jin, Byun (2022-11-27). "Line Man Wongnai aims to go beyond Coupang in Thailand". The Korea Herald (in Korean). Retrieved 2026-01-24.
  12. ^ a b "LINE MAN expands reach in Thailand - The Korea Times". www.koreatimes.co.kr. 2019-12-25. Retrieved 2026-01-24.
  13. ^ Ga-young, Park (2020-07-31). "Line Man receives US$110M Investment, merges with Thai food app". The Korea Herald. Retrieved 2026-01-24.
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