LINE MAN Wongnai secures $265 million in Series B financing

LINE MAN Wongnai is a food delivery platform, formed by the merger of local food delivery platform LINE MAN and restaurant review platform Wongnai. Currently, in addition to food delivery, LINE MAN Wongnai also operates grocery delivery, taxi services, errands, restaurant reviews, restaurant solutions (POS) and other businesses. LINE MAN Wongnai has recently received a $265 million Series B financing. After the funding round, the company was valued at more than $1 billion, making it the latest local unicorn. The financing was led by GIC and LINE Corporation, with participation from BRV Capital Management, PTT Oil and Retail Business, Bualuang Ventures, Taiwan Mobile and others.

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