CP Axtra Public Company Limited, formerly known as Siam Makro Public Company Limited, embarked on its journey in 1988 with an initial investment capital of 750 million baht. The company was established to operate member-based wholesale centers under the widely recognized name "Makro". From its inception, Makro set out to serve professional members and business operators, a commitment that has fueled its continuous expansion of branches across Thailand. The first Makro store, the Ladprao branch, opened its doors in Bangkok in 1989. This marked the beginning of a significant presence in the Thai wholesale market.
Over the years, CP Axtra has strategically grown its footprint and diversified its offerings. A pivotal moment in its history was the acquisition of Lotus's, a leading grocery and consumer goods retailer and mall operator in Thailand. This move significantly broadened CP Axtra's reach, combining Makro's strength in the business-to-business (B2B) sector with Lotus's robust business-to-consumer (B2C) operations. The company's evolution also included international expansion, with its first overseas Makro store opening in Phnom Penh, Cambodia. Further extending its global reach, CP Axtra acquired 80% of Indoguna, establishing a foothold in Singapore, Hong Kong, and Dubai. The company also ventured into the Indian market with LOTS Wholesale Solutions stores in New Delhi and entered Vietnam through the establishment of Vina Siam Food. In June 2023, Siam Makro Public Company Limited officially changed its name to CP Axtra Public Company Limited, reflecting its expanded business scope and ambition to be a leading retail tech company in Asia. Today, CP Axtra operates an extensive network of Makro wholesale stores and Lotus's retail outlets, serving millions of customers across multiple countries and channels, driven by a commitment to innovation, customer satisfaction, and sustainable growth.
Indonesia only
Thailand
Bangladesh only
China only
India only
South Korea only
United States only
AF, AL + 199 more
