UClean to expand to Thailand, to invest $1 mn over next 2 years

Tech-enabled chain of laundry and home cleaning stores UClean Tuesday said it will invest USD 1 million over the next two years and open more than 10 franchisee-led stores as it plans to expands operations to Thailand by the end of this year.

UClean had started its international expansion earlier this year with signing franchisees in Bangladesh and Nepal, a statement said.

"UClean plans to march forward with its expansion plans by expanding into Thailand by the end of December. As per Statista, the home and laundry care market in Thailand is currently about USD 2 billion annually dominated largely by the unorganised players," it added.

In the first year of its operations in Thailand, the company aims to serve over 5,000 customers across multiple cities. The company is also looking at signing franchisees and setting up its first store in Bangkok. It will hire an operations team locally for its stores in Thailand.

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