Thailand's Intouch joins Hyundai Home Shopping in online venture

April 2, 2015 11:55 AM

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BANGKOK, April 2 (Reuters) - Thai telecoms group Intouch Holdings PCL has formed a $15 million joint venture with Hyundai Home Shopping Network Corp to tap demand in Thailand's fast-growing online shopping market.

Intouch, 41.62 percent owned by Aspen Holdings, a wholly owned unit of Singapore's Temasek Holdings, said in a statement on Thursday that the investment will be part of its digital content business and boost the company's growth potential.

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