Thailand’s food delivery service operator Line Man Wongnai raises $265M; achieves unicorn status

Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass copy billion and thereby achieving unicorn status. The move makes Line Man Wongnai the third unicorn in Thailand after logistics service operator Flash Express and fintech firm Ascend Money.

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Cloudflare launches data localization suite in Asia

September 29, 2022

Customers in Australia, India, and Japan will now be able to access Cloudflare’s Data Localization Suite (DLS) to help global companies and businesses based in these countries comply with data localization obligations. Cloudflare allows users to easily set rules and controls on where domestic data goes and who can access it. This is crucial in the Asian market where nearly 70% of countries have passed or drafted new data protection and privacy legislation.

CDPI Emerging Markets