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Three Chinese food delivery platforms under scrutiny

Three Chinese food delivery platforms under scrutiny

13 Sept 06:17 Key points summarised by AI
  • The Department of Business Development (DBD) has launched an investigation into three Chinese-language food delivery platforms—Gokoo, Feixiang, and E-Gets—to determine if they are legally registered or use Thai nominee shareholders.
  • These platforms, popular among Chinese tourists and expatriates, are registered as limited liability companies with varying ownership structures, including majority Thai and Cambodian stakes.
  • DBD is coordinating with relevant agencies to scrutinize the companies' funding sources, management, and shareholder relationships to identify any nominee arrangements, which carry severe legal penalties.
  • The investigation underscores the DBD's commitment to ensuring fair business competition and protecting the interests of Thai businesses in the market.
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