Thai retailer Moshi Moshi Plc aims to expand its 101 stores to 165 by 2025, using the proceeds from its recent debut on the Stock Exchange of Thailand to serve growing demand for lifestyle products.
On Thursday, the company raised 1.26 billion baht by offering 75 million initial public offering shares on the Thai bourse at 21 baht apiece. The retailer plans to add 20 stores each year in Bangkok and surrounding regions, growing from 101 stores operating across 41 provinces to 165 by 2025.
