Chinese Food Delivery Apps Investigated Over Ownership Concerns

Chinese-Language Delivery Platforms Face Foreign Ownership Investigation

The Department of Business Development is examining three food delivery platforms serving Chinese-speaking customers in Bangkok and Pattaya. One operator was found to have foreign shareholders controlling more than half of the company without obtaining the required permission under the Foreign Business Act. Officials are also investigating whether Thai shareholders in the other two businesses are genuine investors or nominees acting for foreigners. The inquiry has expanded to more than 25 connected companies operating in industries including hotels, restaurants, transport, healthcare and visa services. Nominee-related offences can carry prison sentences of up to three years and fines reaching one million baht.