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MVLโ€™s TADA Officially Launches in Thailand

4 Mar 2024


MVL's ride-sharing service, TADA, has officially launched its service in Thailand.


TADA, already ranking 2nd in market share in Singapore and 3rd in Cambodia, has become a popular service used by tens of thousands of customers every day. This positions us for a new leap in a larger market.


The TADA team has been actively preparing for the launch in Thailand since June last year, establishing local subsidiaries and employees, and completing the strict approval process of the Thai government. Additionally, successful on-site launch tests with local partners and drivers have been conducted since December 12th. Now, TADA officially offers its service in four countries, including the Thai market.


Thailand boasts a huge market with a population of approximately 70 million, about 13 times that of Singapore. Particularly, Bangkok, the capital, witnesses a large influx of tourists and is a country experiencing economic growth, with increasing demand for urbanization and transportation.


Moreover, the Thai crypto market garners attention worldwide, showcasing a keen interest and love for the Web3 industry. In the long term, integrating MVL's circular token economy into the long-term TADA service in Thailand has the potential to significantly boost growth for both TADA and MVL.


In the future, MVL will focus more on ensuring that the expansion of TADA directly benefits users within the MVL ecosystem.


Related article ๐Ÿ‘‰ https://bit.ly/3TlefkS 


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MVL

40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.