Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Food delivery company Robinhood to launch ride-hailing services this year

Robinhood app will add ride-hailing services into its business by the end of this year. (Photo: Robinhood)

Robinhood, the food delivery company backed by Siam Commercial Bank, will introduce car-hailing services by the end of this year as it moves to become a "superapp".

Srihanath Lamsam, managing director of Purple Ventures Co, on Monday announced the tentative launch of Robinhood Ride service by year's end. The move came after the Land Transport Department authorised the Thai app to operate a ride-hailing service.

He said the company was developing a platform to prepare for the operation and will recruit taxis and private cars registered for public transport next month.

Purple Ventures was set up as a tech startup for Siam Commercial Bank Plc to run the Robinhood platform.

The company started off its business as a food delivery service with an ambition to be an all-around app in the region.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.