BUSINESS FUNDRAISING AND BUSINESS EFFICIENCY IN THAILAND'S ONLINE BUSINESSES

Authors

  • Sumana Chantharat Business Management Program Chandrakasem Rajabhat University, Bangkok, Thailand
  • Niwat Chantharat Graduate College of Management, Sripatum University, Bangkok, Thailand

Keywords:

Business Fundraising, Business Efficiency, Thai’s Online Business

Abstract

Thailand’s online economy has scaled into a data-driven phase in which social live commerce, AI-enabled customer operations, and logistics capabilities shape firm competitiveness. Against this backdrop, this article synthesizes contemporary evidence (2023– 2025) to clarify how fundraising choices translate into business efficiency for Thai online firms. Using a structured review of recent regional reports and peer-reviewed finance studies, we propose a practical link between capital access, data-driven capital allocation, risk-adjusted portfolio diversification, and liquidity discipline, and their impacts on financial performance. Efficiency is operationalized through revenue growth, contribution/profit margins, EBIT, ROA, and ROE. We highlight mechanisms whereby capital structure supports business-model innovation and working-capital design (e.g., tight cash-conversion cycles), which in turn improve profitability and resilience. The article distills a three-pillar framework for Thai online enterprises: (1) diversify supervised capital sources (e.g., regulated crowdfunding, bank/VC), (2) gate every baht of investment by measurable payback and unit economics, and (3) maintain liquidity buffers sized to campaign and inventory cycles. The framework offers managers and policymakers actionable guidance to convert fundraising into durable, measurable efficiency in Thailand’s online sector.

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Published

2026-04-29

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Section

Academic articles