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Stage

Debt | Alive

Total Raised

$25M

Last Raised

$25M | 6 yrs ago

About City Mart Holding Co.

City Mart Holding is the market leader in multiple retail formats in Myanmar and an icon in the country's retail industry. The company seeks to serve more of Myanmar's population through outlet expansions and the introduction of new retail concepts.

City Mart Holding Co. Headquarter Location

No.1-11, Padonmar Stadium (East Wing), Bargayar Street Sanchaung Township

Yangon,

Myanmar

+95 (01) 508460

Latest City Mart Holding Co. News

Japan's popular "Gari Gari kun" ice pops land in Myanmar

Feb 12, 2020

Japanese ice cream maker Akagi Nyugyo Co. has begun selling its "Gari Gari kun" ice pops in Myanmar, marking the beginning of the first full-fledged sale of the flagship product with local distributors outside Japan and Thailand. The products are shipped from a factory in Thailand via a cold chain logistics system operated by a joint venture between City Mart Group and Japanese trading house, Sojitz Corp. Saitama-based Akagi Nyugyo has signed an exclusive distribution deal with Arctic Sun Co., a food retailer under major Myanmar wholesaler City Mart Holding Co. The products, sold at some convenience stores so far, will be sold at supermarkets under City Mart Holding in Yangon from February, to be followed by stores in some other cities by the end of the year, according to Akagi Nyugyo's Thai arm, Akagi Ice Asia Pacific Co. A Gari Gari kun in Myanmar is 1,300 kyat ($0.9), a price within the range of high-end ice creams. "We hope Japanese ice desserts will be appreciated by Myanmar people," Hidetomo Koya, president of Akagi Ice Asia Pacific, told NNA on Sunday. After a free product giveaway in the financial capital of Yangon on Sunday, Myo Ma Ma Win, a 43-year-old woman, said, "Not too sweet and a refreshing taste. I hope they will sell it in my hometown in the northern state of Kachin." (NNA/Kyodo)

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