- OnPoint acquires Thai ecommerce firm
- Expands regional presence
- Investor-backed move strengthens digital commerce capabilities
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.