Panda Retail Company
About Panda Retail Company
About Panda Retail Company
Founded in
1978 (46 yrs old) Ownership
Private
India Employee count
1-10 Global Employee count
10k-50k Headquarters
Jeddah, Saudi Arabia
Office Locations
Jeddah, Saudi Arabia
CEO Suggest Founders Suggest Type of Company Suggest Nature of Business Suggest Company Email ID Suggest Company Contact no. Suggest Social Media Presence Suggest Website
panda.com.sa
Panda Markets was launched in 1978 as the first modern market chain in the Kingdom of Saudi Arabia with the opening of its first branch in Riyadh.
Panda merged in 1998 with Al-Azizia, and Al-Azizia Panda united to acquire the largest share of the retail market in the Kingdom of Saudi Arabia.
In 1999, Al-Azizia Panda United Company joined under the umbrella of “Savola Group”, one of the largest nutrition companies in the Middle East.
In the years 2008 and 2009 AD, the Savola Group acquired all branches of the “supermarkets” and the assets of “Jian” markets in the Kingdom and was merged into the Azizia Panda United Company, raising its share to about 8% of the retail market in the Kingdom.
In November 2014, the company’s trade name was changed from (Al Azizia Panda United) to (Panda Retail Company). Today, Panda Retail Company owns a market chain of more than 470 branches for its various markets, “Panda”, “Hyperpanda” and “Pendty”, making it the largest company in the retail sector in the Middle East.
Primary Industry
i
Primary industry refers to the industry from which a company drives
its maximum revenue.
Retail
Report error
