
LINE MAN Wongnai
Business focus
Internet, E-commerce & Platforms
Description
LINE MAN Wongnai formed in 2020 by merging the LINE MAN delivery service and Wongnai restaurant-review platform, backed by LY Corporation (LINE) and investors like BRV Capital. It raised $265 million at a $1 billion valuation in 2022. Based in Bangkok, it serves over 10 million users, 500,000 merchants and 250,000 riders, holding roughly 40% of food delivery, trailing leader Grab. It turned profitable in 2025, targeting a 2027 IPO.