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SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, plans to create a utility token for launch next year for the suki restaurant brand Suki Teenoi operated by BNN Restaurant Group.
Starting with a single retail shop selling electrical appliances 32 years ago, Jay Mart has become a listed holding conglomerate engaged in retail IT, finance and technology, with business partnerships set to expand in order to foster synergy and drive growth.
RECAP: Asian markets fell yesterday as optimism that had fuelled earlier buying gave way to nervousness ahead of a US jobs report that could determine Federal Reserve rate hike plans.
SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, aims to reach a 500-billion-baht market capitalisation by 2024, up from 200 billion baht, driven by technological power, new business models, and financial products.
Thailand's smartphone market is expected to experience flat growth or even decline this year due to the economic slump and a weaker baht, but flagship 5G smartphones, loans and trade-in programmes could help prop up the segment, according to IT product distributors.