Since then the online retailer has continued to bleed cash, its profitability uncertain and IPO at bay.

FORBES: MakeMyTrip, India's E-Commerce Darling, Changes Course and Stretches Out

Mr Banthoon admitted that Phatra Thanakit has continued to bleed his bank, whose shares fell by 5% after the announcement.

ECONOMIST: Thailand��s banks

Clarium continued to bleed.

NEWYORKER: No Death, No Taxes