MR.DIY

Malaysia-based home improvement retailer From Wikipedia, the free encyclopedia

MR.DIY, stylized as MR.D.I.Y., is the largest home improvement retailer in Malaysia.[3] Owned by Malaysian company Mr D.I.Y. Group, it offers home improvement products for do-it-yourself through its network of shops and online stores.[4]

Company typePublic
IndustryRetail
FoundedJuly 2005
Quick facts Company type, Traded as ...
Mr D.I.Y. Group (M) Berhad
Company typePublic
MYX: 5296
IndustryRetail
FoundedJuly 2005
FounderTan Yu Yeh
Headquarters,
Number of locations
4,324[1] (8 December 2024)
Area served
Malaysia, Thailand, Indonesia, Bangladesh, the Philippines, Poland, India, Singapore, Brunei, Cambodia, Turkey, South Africa, Spain, Hong Kong, and Vietnam
RevenueIncreaseRM3.373 billion (2021)[2]
IncreaseRM645 million (2021)[2]
IncreaseRM432 million (2021)[2]
Total assetsIncreaseRM2.701 billion (2021)[2]
Number of employees
15,708 (August 2022)[2]
Subsidiaries
  • MR.TOY
  • MR.DOLLAR
  • MR.DIY Express
  • MR.DIY Plus
Websitewww.mrdiy.com
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Mr D.I.Y. Group owns and operates over 1,000 stores in Malaysia[5][6][7][8] and over 3,000 stores in 10 Asian, African and European markets, including Malaysia, Thailand, Indonesia, Poland, the Philippines, India, Turkey, Spain, South Africa, Singapore, Brunei, Cambodia, Hong Kong, and Vietnam.[9][4][10][11]

History

MR. DIY was started as a consumer hardware store in Jalan Tuanku Abdul Rahman, Kuala Lumpur, Malaysia in July 2005.[12] In 2018, MR. DIY embraced e-commerce by establishing an online store and presence on Shopee.[12] In October 2020, MR. DIY became a publicly traded company on the Bursa Malaysia stock exchange.[13][14] MR. DIY's international expansion began in November 2021 with the opening of its first store in Turkey at Meydan Istanbul Mall. This was followed by the launch of stores in Spain (Talavera de la Reina and Madrid) in January 2022. As of October 2022, the company has presence in 24 locations across Turkey and 12 in Spain.[10][15]

In April 2021, the company launched a storefront format called MR.DIY Express for rural communities.[16] In May 2022, the group opened MR.DIY Plus, a 30,000 sq ft (2,787 m2) mega retail store, MR.DIY Plus at MidValley Megamall.[17][18][19]

In October 2023, MR. DIY expanded its operations in Vietnam through opening five stores in three key locations within a month.[20] Also in 2023, MR. DIY fully entered the e-commerce space of the country as it launched its official online store.[21] In January 2024, MR. DIY unveiled its plan to operate in Romania and Bulgaria.[22] In February 2024, MR. DIY expanded its operations in Africa, opening its first location in South Africa.[23] In March 2024, Mr. DIY opened its first store in Dhaka, Bangladesh.[24]

On 14 November 2024, the company launched a new mascot called PANDAi. The mascot, resembles the a panda, was chosen because of the universal associations, cuteness, friendliness and intelligence of the animal.[25]

Financials

More information Year, Revenue(RM million) ...
Finances 2017 to 2021[26][27][28]
YearRevenue(RM million)Net Profit(RM million)Number of employeesNumber of stores
20171,229210-354
20181,771308-467
20192,2763189,500593
20202,55933711,607734
2021 3,373 432[29] 12,518 900
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References

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