Thailand's Rabbit Internet raises US$9.1M; will boost domestic operations
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Bangkok-based Rabbit Internet announced today a THB325 million (US$9.1 million) funding round led by BTS Group Holdings Plc., the majority shareholder of Bangkok Mass Transit System PLC.
Rabbit Internet is a company builder and is behind Rabbit Finance — Thailand’s top finance and digital insurance brokerage portal.
The capital will go towards expanding operations within the country, meaning the development of financial, media and content enterprises aimed at the Thai market. The company is also planning to launch two additional verticals in e-commerce and content under the Rabbit brand.