About Asda
Asda was established in 2009 and is based in Leeds, United Kingdom. The company functions within the retail sector, managing a network of supermarkets that offer groceries, household products, and general merchandise. Operations are centered in the UK, with distribution handled through physical stores and an online platform at asda.com. Co-ownership is attributed to figures like Mohsin Issa, supporting ongoing retail activities.
- Headquarter Leeds, United Kingdom
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$62.26 K (USD)19as on Dec 31, 2023
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Net Profit
$-4.48 K (USD)-150as on Dec 31, 2023
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EBITDA
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Latest Funding Round
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Investors
Walmart
& 4 more
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Employee Count
Employee Count
- Acquired by
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Software Development Team
73 people
Data Analysis and Operations Team
17 people
Finance and Accounting
16 people
Leadership Team
15 people
Operations Team
12 people
Senior Team
11 people
Legal and Compliance
11 people
Customer Team
11 people
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Funding Insights of Asda
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asda
Asda has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Walmart, ibtdr and TDR Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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TDR Capital is engaged in private equity investments for sustainable growth.
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Founded Year | Domain | Location | |
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Multinational retail corporation
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Founded Year | Domain | Location | |
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Offers investment management services focused on portfolio construction and risk assessment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asda
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asda
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asda Comparisons
Competitors of Asda
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asda
Frequently Asked Questions about Asda
When was Asda founded?
Asda was founded in 2009.
Where is Asda located?
Asda is headquartered in Leeds, United Kingdom. It is registered at Leeds, England, United Kingdom.
What is the annual revenue of Asda?
Annual revenue of Asda is $62.26K as on Dec 31, 2023.
What does Asda do?
Asda was established in 2009 and is based in Leeds, United Kingdom. The company functions within the retail sector, managing a network of supermarkets that offer groceries, household products, and general merchandise. Operations are centered in the UK, with distribution handled through physical stores and an online platform at asda.com. Co-ownership is attributed to figures like Mohsin Issa, supporting ongoing retail activities.
Who are Asda's investors?
Asda has 3 investors. Key investors include Walmart, ibtdr, and TDR Capital.
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