Heavy loss! Robinhood app has been unprofitable for 4 years, closed and can’t proceed |

After SCBX Public Firm Restricted or SCBX, the mother or father firm of Purple Ventures Firm Restricted, the supplier of the Robinhood software, introducedMaking ready to discontinue the service of the Robinhood app, which is the primary Thai meals supply app. It is going to be efficient from July 31, 2024 at 8:00 p.m. After finishing the mission to assist retailers, riders, and small individuals throughout the COVID disaster in keeping with the set targets.

The meals supply app Robinhood or the Robinhood app has helped individuals in want, be it eating places. or has labored as a rider for the previous 4 years in Bangkok, surrounding areas and resorts

for Purple Ventures Firm Restricted, supplier of the Robinhood app Registered on 13 July 2020, registered capital 8,300 million baht, authorized entity registration quantity: 0105563101761

Location of the headquarters of Purple Ventures Firm Restricted, the supplier of the Robinhood app: 101 Ratchadaphisek Constructing. Connor Buildings, Floor Ground, Ratchadaphisek Street, Chatuchak Subdistrict, Chatuchak District, Bangkok

Listing of administrators of Purple Ventures Firm Restricted, supplier of the Robinhood app, as of June 25, 2024
1. Mr Wichit Suraphongchai
2. Mr. Kan Trakulhoon
3. Mrs Nantawan Sakuntanaka
4. Police Colonel Thamnithi Wanichthanom
5. Mr Chaowalit Ekabut
6. Mr Winai Thongsong
7. Mr. Anucha Laokwansathit
8. Mr. Kaweewut Tempuwaphat

Opening the monetary statements of Purple Ventures Firm Restricted, Robinhood app, how a lot is the loss or revenue?

• Yr 2020 loss -87.829 million baht
• Yr 2021 loss -1,335 million baht
• Yr 2022 loss -1,986 million baht
• Yr 2023 loss -2,155 million baht

From the monetary statements for the final 4 years of operation, it was discovered that the Robinhood app, Robinhood, was below Purple Ventures Firm Restricted. Accrued losses reached greater than 5,563 million baht.

Necessary issues to know of Robinhood app, Robinhood meals supply app, Thai nationality

• From July 31, 2024 at 8:00 PM onwards, clients will be unable to make use of the Robinhood software completely.
• Store operators, riders, passenger automotive drivers You should use the Robinhood Store, Robinhood Rider, Robinhood Driver purposes to carry out numerous transactions. Accessible till July 31, 2024 at 8:00 p.m.
• If in case you have further questions, please contact the Robinhood Name Middle at 02-777-7564.

Supply: SCB Thailand, SCBX and Enterprise Growth Division as of 25 June 2024.