Shoprite Holdings Limited (OTC: SRGHY)
Grocery Stores · Cape Town, South Africa · Founded 1979
- Market capitalization: $12.0 billion
- Annual revenue: $15.0 billion
- Net income: $0.5 billion
- Employees: 150,000
- Sector: Consumer Defensive
- Headquarters: Cape Town, South Africa
- Founded: 1979
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Shoprite is Africa's largest supermarket chain, operating over 3,100 stores across 14 countries on the continent. They dominate South African grocery retail and have been expanding into financial services and e-commerce. In a continent where modern retail is still underpenetrated, Shoprite has massive runway.
Grocery and general merchandise retail sales, plus growing revenue from financial services (money transfers, insurance) and cellular products. The value proposition — affordable food in well-run stores — resonates in markets where informal retail still dominates.
Founded in 1979 when Whitey Basson acquired a chain of eight Cape Town supermarkets. Under Basson's leadership until 2017, Shoprite expanded across sub-Saharan Africa. They've invested heavily in supply chain infrastructure, building distribution centers that give them a cost advantage over competitors.
| Market Capitalization | $12.0B |
| Annual Revenue | $15.0B |
| Net Income | $0.5B |
| Profit Margin | 3% |
| Revenue per Employee | $100000K |
| Stock Exchange | OTC |
| Ticker Symbol | SRGHY |
Financial data is approximate and based on most recent annual filings.
Shoprite serves over 30 million customers per month across Africa. The company's supply chain reaches some of the most logistically challenging locations on the continent, including rural areas with minimal infrastructure.
Shoprite is the best way to play Africa's consumer growth story. The logistics moat they've built across the continent is nearly impossible to replicate.
What is Shoprite Holdings Limited's revenue?
Shoprite Holdings Limited generates approximately $15.0 billion in annual revenue.
How many employees does Shoprite Holdings Limited have?
Shoprite Holdings Limited employs approximately 150,000 people worldwide.
What is Shoprite Holdings Limited's market cap?
Shoprite Holdings Limited (SRGHY) has a market capitalization of approximately $12.0 billion on the OTC.
When was Shoprite Holdings Limited founded?
Shoprite Holdings Limited was founded in 1979 and is headquartered in Cape Town, South Africa.
Who is the CEO of Shoprite Holdings Limited?
Pieter Engelbrecht is the current CEO of Shoprite Holdings Limited.
What is Shoprite Holdings Limited's website?
Shoprite Holdings Limited's official website is shopriteholdings.co.za.
| CEO | Pieter Engelbrecht |
| Sector | Consumer Defensive |
| Industry | Grocery Stores |
| Founded | 1979 |
| HQ | Cape Town |
| Country | South Africa |
| Website | shopriteholdings.co.za |
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