Asda

Asda

Owns and operates a chain of supermarkets that sell various products. Learn more
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DateInvestorsAmountRound

N/A

Acquisition

£7.3b

Valuation: £7.3b

Acquisition

$8.8b

Valuation: $8.8b

Acquisition
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N/A

£1.8b

Debt
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N/A

Buyout
Total Funding-

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Asda is a leading British retailer providing a wide range of products including groceries, fashion, homeware, and baby products. The company operates in the retail market, serving a diverse customer base through its extensive network of physical stores and robust online platform. Asda's business model focuses on offering high-quality products at competitive prices, catering to everyday needs and special occasions alike. The company generates revenue through direct sales in its stores and online, as well as through additional services such as pharmacies, opticians, cafes, and travel money exchanges. Asda also offers various in-store facilities like electric vehicle charging points, mobility scooters, and accessible toilets to enhance customer convenience. The company aims to provide a seamless shopping experience, whether customers prefer to shop in person or online.

Keywords: retail, groceries, fashion, homeware, baby products, online shopping, pharmacies, opticians, competitive prices, customer convenience.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Asda

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EG Group
ACQUISITION by Asda May 2023