November 20, 2017 6:13 PM ET

IT Services

Company Overview of Ascend Group Co., Ltd.

Company Overview

Ascend Group Co., Ltd., through its subsidiaries, provides e-Commerce platform and services. It offers fulfillment solutions, including storage, order management, and logistics solutions for online and offline sales channels; ePayment and lending; eService, a digital marketing solution; and data centers and cloud services and venture capital solutions. The company’s activities include providing e-commerce retail solutions for brands of home appliances and electronic products for customers in Thailand and South East Asia; operating as an e-commerce marketplace solution that offers a secure payment platform for various sellers and buyers; and operating a digital marketing and creative-technolo...

AIA Capital Center Building

18-19th Floor

89 Ratchadaphisek Road

Dindaeng

Bangkok,  10400

Thailand

Founded in 2015

Phone:

66 2 016 8600

Key Executives for Ascend Group Co., Ltd.

Ascend Group Co., Ltd. does not have any Key Executives recorded.

Ascend Group Co., Ltd. Key Developments

Ascend Group Mulls Acquisitions

Ascend Group Co., Ltd. is seeking acquisitions. Ascend Money Co. is poised to embark on a $100 million expansion next year into Southeast Asia. Punnamas Vichitkulwongsa, Chief Executive Officer of Ascend Group Co., said, “Ascend Group will expand its network of sales agents, boost marketing and potentially make acquisitions in the region. We'll grow very aggressively in an organic way and also through acquisitions that fit our road map.”

An Affiliate Of Alibaba Holdings To RaiseStake In Ascend Money

An affiliate of Alibaba Capital Partners is seeking to raise its stake in Ascend Group Co., Ltd. by an additional 10% by 2018; after having bought 20% stake in August 2016.

Ascend Group Has Appoints Tanyapong Thamavaranukupt as President of Ascend Money Co

Ascend Group has announced the appointment of Tanyapong Thamavaranukupt as president of Ascend Money Co, which became effective from October 1. With more than 15 years of experience in the finance industry, he started his career at GE Capital (Thailand) Co, overseeing credit cards and home loans. He went on to join Bank of Ayudhya to oversee customer-relations management before being appointed managing director of CFG Services Co, which is known for its Srisawad Ngen Tid Lor consumer-loan brand. He then joined Krungthai Bank to oversee retail banking before joining Ascend Money Co as president.

Recent Private Companies Transactions

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