SKY ICT and TTA Acquire Robinhood Food Delivery Platform
Thai tech firm SKY ICT and logistics group TTA have invested 100 million baht to acquire the Robinhood food delivery platform.
According to Prachachat Business, SKY ICT and Thoresen Thai Agencies (TTA) have announced a joint investment of 100 million baht to acquire the intellectual property and assets of the Thai food delivery platform, Robinhood. Under the terms of the agreement, both SKY ICT and TTA will each hold a 45% stake in the platform, while the remaining 10% will be retained by SCB.
For residents and frequent visitors in Thailand, this acquisition is significant as it signals the continuation of the Robinhood service, which has been a popular local alternative in the competitive food delivery market. By combining SKY ICT’s technological infrastructure with TTA’s logistics expertise, the new ownership aims to stabilize and potentially revitalize the brand.
While the investment secures the platform's future, several details remain to be confirmed. It is not yet clear how the operational structure will change under the new management or if there will be immediate updates to the user interface, delivery fees, or service coverage areas. Users should monitor official announcements from the platform regarding any potential changes to their accounts or service availability as the transition progresses.