BANGKOK: Taiwan-based web portal and online shopping platform PChome Online has announced its joint venture PChome Thailand will operate electronic payment services in the Thailand market.
The joint venture was established by PChome Online and Cal-Comp Electronics, a Thailand-based maker belonging to the Taiwan-based New Kinpo Group, and started business operation as a C2C online shopping platform in September 2015. PChome cited Euromonitor as indicating the Thailand online shopping market recorded total sales value of THB 47.0 billion (US$1.346 billion) in 2015, growing 30% on year, and is expected to generate THB58.0 billion in 2016.
