Line’s on-demand delivery service has attracted $110m from BRV Capital as it merged with restaurant listings website Wongnai Media.
Line Man, a Thailand-based on-demand delivery subsidiary of internet company Line, today raised $110m in funding from BRV Capital Management, the growth equity affiliate of venture capital firm BlueRun Ventures.
The funding round was revealed at the same time as Line Man said it was merging with Wognai Media, a restaurant review and discovery portal that operates across nine cities in Thailand. Terms of the merger were not disclosed.
Line Man operates a food, goods and parcel delivery service, as…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
