SET Announcements

VGI Tops IFA 2021's Most Innovative Companies, Winning the Most Innovative O2O Solutions for Advertising, Payment and Logistics Platforms for the Second Year in a Row

21 June 2021

Despite the unprecedented challenges brought by a global pandemic, VGI PLC, the market leader in Offline-to-Online (“O2O”) Solutions, proves yet again the transformative success of its O2O Solutions and comprehensive ecosystem encompassing advertising, payment and logistics platforms, winning for the second time in a row the prestigious International Finance Awards for the Most Innovative O2O Solutions for Advertising, Payment and Logistics Platforms. The Award is organised by International Finance, the leading business and finance magazine published by UK’s International Finance Publications Limited.

Commenting on this award, Nelson Leung, CEO of VGI, noted, “During the past year, the COVID-19 pandemic has sent shockwaves across the world, leaving national economies and countless businesses counting the costs. Fortunately for VGI, our robust strategy and strategic transformation to become an O2O Solutions provider has enabled us to navigate challenges and gear up for future disruptions. Our resilience and agility are clearly demonstrated through our solid performance in FY 2020/21, where we were able to achieve THB 980mn net profit. Thanks to new synergies, particularly from our Payment segment, operated by Rabbit Group – our digital solutions spearhead – and Logistics segment, led by Kerry Express, Thailand’s leading express delivery services company, we have been able to continuously create new products and services to meet ever-changing consumer demands.”

“As I said this last year, being presented the Most Innovative Company Award is a very proud achievement for VGI. Winning this accolade for the second-straight year does not only guarantee our position as a leader in innovation solutions with a fully-integrated ecosystem, but also as an internationally recognised and trusted company, an achievement we are committed to maintaining for years to come,” Leung added.