CP Axtra Public Company Limited Overview
Pro stress-test →CP Axtra engages in wholesale and retail businesses of food and non-food products in Thailand, Malaysia, and internationally, operating under the Makro and Lotus's brands. The company is transforming from a traditional wholesale-retail organization into a full-fledged regional 'Retail Tech Company,' adopting total control tower technology and leveraging insights from mature e-commerce markets.
Strategic Profile
Pro stress-test →CPAXT reaffirmed its position as a leader in Retail Tech in Asia, with Makro PRO ranked as the No. 1 grocery e-commerce platform in Thailand, capturing 39.5% market share in 2024. The 2025 business strategy centers on driving growth across all sales channels by advancing technology capabilities through hyper-personalization AI.
Competitive Landscape
Pro stress-test →Lotus's SMART App holds the second-largest share with 19.5% market share in Thailand's total grocery e-commerce market valued at 64B baht. Competitors include regional retailers and e-commerce players across ASEAN markets, with CP Axtra differentiated through integrated omnichannel platform combining wholesale and retail formats.
Industry Context
CP Axtra Public Company Limited operates in Retail and Wholesale Distribution.
Key facts
Founded: 1988 · Headquarters: Bangkok, Thailand · Employees: 5,174 · Revenue: 508.75B THB · Market cap: 236.71B THB