
The business connects Thai entrepreneurs and manufacturers to domestic and global buyers, with a total sales target of Bt1 billion for the first year.
Soammaphat Traisorat, chief executive officer of Asset World, on Tuesday described Tor Yod Online as the first wholesale platform in Thailand that is designed as a one-stop centre for local small and medium-sized enterprises and manufacturers looking to export products to the global market.
The online platform will enable entrepreneurs to expand their trade opportunities worldwide, as it includes a wholesale e-commerce system, secure payment, logistics and business consulting services, the CEO said.
The firm also aims to collaborate with more than 10 B2B market places in countries such as India, South Korea, Singapore, South Africa, Russia and Indonesia, which will make Thai SMEs more accessible to buyers throughout the world, Soammaphat added.