Family matters: Thaksin's party down, maybe not out
Pheu Thai, the latest incarnation of the organisation founded by telecom billionaire Thaksin, came a distant third in Sunday's vote, according to preliminary election commission figures.
Its vote share in the party-list section of the election plunged by more than half, they showed.
Multiple factors combined to undermine it, analysts say -- the conviction of its founder for corruption, his daughter Paetongtarn's mishandling of the border conflict with Cambodia, and not least the domination of the party by its founding family.