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e-Commerce

Southeast Asian Ecommerce Enabler OnPoint Expands Regional Footprint

Rary Maharani
Last updated: December 23, 2024 1:12 am
Rary Maharani
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1 Min Read
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  • OnPoint acquires Thai ecommerce firm
  • Expands regional presence
  • Investor-backed move strengthens digital commerce capabilities

Contents
A Strategic Move into the Thai MarketPowerhouse Partnership Takes ShapeAmplifying Digital Commerce Potential

A Strategic Move into the Thai Market

Vietnam-based ecommerce service provider OnPoint has announced its acquisition of Crea, a Thai ecommerce service provider.

The strategic move aims to bolster OnPoint’s capabilities in Southeast Asia’s rapidly growing digital commerce landscape.

Powerhouse Partnership Takes Shape

The combined entity now supports over 250 brands, boasting more than 600 in-house employees and 1,000 outsourced personnel.

SeaTown Private Capital Master Fund, an investment firm linked to Temasek Holdings, is backing the acquisition, signaling strong investor confidence in the transaction.

Amplifying Digital Commerce Potential

This acquisition represents a significant step for OnPoint in expanding its regional presence. By integrating Crea’s expertise and resources, the company is positioning itself to capitalize on the dynamic and evolving Southeast Asian ecommerce market, potentially setting the stage for further regional growth and innovation.

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