Radar Landscapes Retail Landscape of Singapore
Retail industry in Singapore — illustrated cover for the Retail Landscape of Singapore
Radar · Industry landscape · Singapore

Retail Landscape of Singapore

2,088 Retail companies in Singapore, in one picture: who is hiring, who is raising money, who founded them, where they are based, what the news is about and which skills employers want. Updated August 2026.

2,088companies tracked
$9.2Bdisclosed funding
51hiring right now
421events · 24 months
275,268news articles · 12 months

Who leads Retail in Singapore

Shows the 2,088 retail firms in Singapore, highlighting which are hiring, best funded, or most covered; 51 firms are hiring now and 136 have disclosed a funding round.

open roles
Hiring now
ranked by live open roles
  1. 01Luxasia8last posted Aug 2026
  2. 02ETP Group5last posted Aug 2026
  3. 03Castlery5last posted Aug 2026
  4. 04Farmio4last posted Jun 2026
  5. 05Anchanto4last posted Aug 2026
  6. 06AfterShip4last posted Jan 2026
  7. 07Mooments3last posted Mar 2026
  8. 08Love Bonito3last posted Jul 2026
51 companies hiring · 27 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01SHEIN$3.2BSeries D · May 2023
  2. 02Trax$1.1BVenture Debt · Nov 2023
  3. 03Lazada$689.6MSeries E · Nov 2014
  4. 04Atome$631MConventional Debt · Jan 2026
  5. 05Moglix$470.9MSeries F · Jan 2022
  6. 06Carousell$375.6MSeries E · Sep 2023
  7. 07Zilingo$346.4MSeries D · Jun 2021
  8. 08ShopBack$331.1MSeries F · Dec 2022
136 companies with disclosed rounds · $9.2B total
revenue
Revenue leaders
official filings first, else latest snapshot
  1. 01SHEIN$30.9Bsnapshot Dec 2023
  2. 02The Hour Glass Limited$817.8Msnapshot Mar 2023
  3. 03SCI Ecommerce$492.3Msnapshot Dec 2023
  4. 04Carousell$115.9Msnapshot Dec 2023
  5. 05Castlery$100.1Msnapshot Mar 2025
  6. 06ShopBack$99Msnapshot Mar 2024
  7. 07PRISM+$81.6Msnapshot Mar 2024
  8. 08Luxasia$39.8Msnapshot Dec 2023
25 companies with a revenue figure
headcount
Largest teams
ranked by tracked headcount
  1. 01SHEIN11,000tracked employees
  2. 02carro4,500tracked employees
  3. 03Sheng Siong2,500tracked employees
  4. 04Luxasia1,266tracked employees
  5. 05Moglix994tracked employees
  6. 06Trax899tracked employees
  7. 07Zilingo519tracked employees
  8. 08Ivy Mobility501tracked employees
41 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01SHEIN50.5%389 tracked events
  2. 02Sephora10.8%83 tracked events
  3. 03Sheng Siong7.8%60 tracked events
  4. 04Hometrust4.3%33 tracked events
  5. 05Moglix2.9%22 tracked events
  6. 06SleekFlow2.6%20 tracked events
  7. 07AMP2.3%18 tracked events
  8. 08Carousell1.6%12 tracked events
770 tracked events across 48 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01SHEIN548articles in the window
  2. 02Carousell160articles in the window
  3. 03Sheng Siong121articles in the window
  4. 04Sephora54articles in the window
  5. 05HitPay27articles in the window
  6. 06Castlery20articles in the window
  7. 07ShopBack13articles in the window
  8. 08Secretlab12articles in the window
36 of these companies drew sector coverage in the window
Radar

See all 2,088 Retail companies in Singapore

Filter by funding, headcount, hiring and location, and export the list.

How the Retail ecosystem in Singapore grew, 2016–2025

Displays the number of retail companies founded each year from 2016 to 2025, with the highest count of 188 in 2020 and only 5 in 2025.

Companies founded / year
new Retail companies in Singapore
2016: 1182017: 1282018: 1222019: 1372020: 1882021: 1382022: 862023: 602024: 802025: 5
20162025
peak 188 in 2020
Companies raising / year
with a disclosed round that year
20162025
peak 43 in 2021
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 166,221,7002017: 154,977,0752018: 626,887,7332019: 346,993,3192020: 210,785,8602021: 1,407,044,0592022: 2,024,161,8872023: 2,308,174,3842024: 67,150,7112025: 304,208,720
20162025
peak $2.3B in 2023

Where Retail companies in Singapore are based

Lists where the sector’s firms are located, with Singapore hosting 1,831 companies and smaller counts in Bukit Merah, Midview City, Bedok New Town, and Woodlands.

Singapore skyline — Retail hub in Singapore
Hub 01
Singapore
1,831 Retail companies
99% of the Retail companies across these hubs
1,831companies
$9.1Bdisclosed funding
47hiring now
Photo Wikipedia · Singapore · CC BY-SA 4.0
Bukit Merah skyline — Retail hub in Singapore
Hub 02
Bukit Merah
5 Retail companies
0% of the Retail companies across these hubs
5companies
Photo Wikipedia · Bukit Merah · CC BY-SA 4.0
Midview City, a Retail hub in Singapore
Hub 03
Midview City
3 Retail companies
0% of the Retail companies across these hubs
3companies
generated artwork
Bedok New Town, a Retail hub in Singapore
Hub 04
Bedok New Town
3 Retail companies
0% of the Retail companies across these hubs
3companies
generated artwork
Woodlands, a Retail hub in Singapore
Hub 05
Woodlands
2 Retail companies
0% of the Retail companies across these hubs
2companies
generated artwork
Jurong West skyline — Retail hub in Singapore
Hub 06
Jurong West
2 Retail companies
0% of the Retail companies across these hubs
2companies
Photo Wikipedia · Jurong West · CC BY-SA 4.0
Frisco, a Retail hub in Singapore
Hub 07
Frisco
1 Retail companies
0% of the Retail companies across these hubs
1companies
1hiring now
generated artwork
Petaling Jaya skyline — Retail hub in Singapore
Hub 08
Petaling Jaya
1 Retail companies
0% of the Retail companies across these hubs
1companies
Photo Wikipedia · Petaling Jaya · CC BY-SA 4.0

The Retail market map of Singapore: what these companies actually do

Breaks down the product sub‑categories and revenue models of Singapore retail firms, noting the largest groups such as consumer digital (1,237) and e‑commerce product sales (1,427).

The biggest kinds of Retail company, by how many we track.

Consumer Digital — a Retail sub-vertical
Sub-vertical 01
Consumer Digital
1,237 companies
1,237companies
$5.2Braised
18hiring
B2C E-Commerce — a Retail sub-vertical
Sub-vertical 02
B2C E-Commerce
1,135 companies
1,135companies
$5.1Braised
19hiring
Enterprise Tech — a Retail sub-vertical
Sub-vertical 03
Enterprise Tech
407 companies
407companies
$2.9Braised
23hiring
Internet First Brands — a Retail sub-vertical
Sub-vertical 04
Internet First Brands
374 companies
374companies
$196.3Mraised
10hiring
Fashion Tech — a Retail sub-vertical
Sub-vertical 05
Fashion Tech
333 companies
333companies
$4.1Braised
5hiring
B2C Fashion E-Commerce — a Retail sub-vertical
Sub-vertical 06
B2C Fashion E-Commerce
300 companies
300companies
$3.5Braised
4hiring
Commerce Enablers — a Retail sub-vertical
Sub-vertical 07
Commerce Enablers
248 companies
248companies
$3Braised
17hiring
Enterprise Software — a Retail sub-vertical
Sub-vertical 08
Enterprise Software
232 companies
232companies
$1.8Braised
21hiring
  • Consumer Digital1,237 companies · $5.2B raised · 18 hiring
  • B2C E-Commerce1,135 companies · $5.1B raised · 19 hiring
  • Enterprise Tech407 companies · $2.9B raised · 23 hiring
  • Internet First Brands374 companies · $196.3M raised · 10 hiring
  • Fashion Tech333 companies · $4.1B raised · 5 hiring
  • B2C Fashion E-Commerce300 companies · $3.5B raised · 4 hiring
  • Commerce Enablers248 companies · $3B raised · 17 hiring
  • Enterprise Software232 companies · $1.8B raised · 21 hiring
  • Marketplaces223 companies · $2.2B raised · 2 hiring
  • Internet First Fashion Brands169 companies · $63.8M raised · 4 hiring
  • SaaS157 companies · $1.6B raised · 13 hiring
  • Beauty E-Commerce133 companies · $117.3M raised · 5 hiring

Monetization

How Retail companies make money

How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.

E-Commerce - Product1,427
Subscription463
E-Commerce - Service440
Commission on Transaction339
Advertising235
Physical Commerce215
Fee-For-Service97
Sponsorship23

Funding, M&A and the deals moving Retail in Singapore

Counts 421 corporate events over the past two years, including announcements, regulatory filings, earnings releases, lawsuits, and key‑person changes.

Announcement 96Regulatory 68Earnings 56Lawsuit 43Leadership 38Contracts 22Funding 21Product 20M&A 17IPO 11
  • FundingVertex Ventures led multiple rounds with myFirst at $8m.2026-04-08
  • M&AChallenger, along with majority shareholder Pepper Group, first tabled an offer to acquire Pepper Money in February at A$2.60 per share, valuing the non-banking lender at A$1.16 billion.2026-03-25
  • FundingIn November, it was reported that RateX had completed a new funding round of $7 million, with participation from Animoca Ventures and others.2025-12-19
  • FundingAMP raised $300 million in a Series B round of financing, raising its market value to $3.25 billion. The round was co-ordinated by AMP and Salesforce Ventures2025-12-03
  • M&AHGGC, LLC (“HGGC”), a values-driven, partnership-focused middle-market private equity firm with more than $8 billion of assets under management, today announced that Intrepid Bidco Limited, a newly formed company indirectly wholly owned by funds managed and/or advised by HGGC and its affiliates, has completed its acquisition of the entire issued and to be issued share capital of Inspired plc (“Inspired “ or “the Company”), a tech-enabled energy cost management and ESG consulting platform in the UK.2025-11-01
  • IPOSingapore-based SCI Ecommerce has raised $31.87 million in fresh funding, as the company reportedly plans an initial public offering (IPO), according to recent filings with the Accounting & Corporate Regulatory Authority (ACRA).2025-10-17
  • IPOThe new listings could include that of Singapore-headquartered apparel retailer Shein. In July, it filed for an IPO on HKEX after its plans to debut in New York and London were stymied by regulatory pressures.2025-08-23
  • FundingNibertex, a Singapore-based deep-tech manufacturing company specialising in per- and polyfluoroalkyl substances (PFAS)-free waterproof and breathable textile membranes, announced last Friday the successful closure of its $7 million Series A funding round.2025-08-10
  • M&AWe’re excited to announce that Browzwear has acquired Lalaland.ai.2025-07-28
  • FundingIn Jun 2025, the Series A+ startup secured an additional funding round, bringing its total capital raised to USD $23.5 million.2025-07-14

Mergers and acquisitions

Deals from the last 24 months where a Retail company in Singapore was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.

AcquirerTargetDeal valueStatusDate
Qoo10shopcluesundisclosedCompleted2026-04-09
Challengerpepper moneyundisclosedTerminated2026-03-25
fordAMPundisclosedAnnounced2026-02-05
MoglixKhatema FibresundisclosedAnnounced2025-11-17
Intrepidinspired plcundisclosedCompleted2025-11-01
sintana energyChallengerundisclosedPending2025-10-09

Who is listing, hiring leaders, launching and winning work

Provides details on specific events like leadership moves, product launches, and customer contract wins within the sector.

Leadership moves
9 tracked people moves · last 12 months
  • MoglixAnimesh Srivastava · Appointment → Chief Technology OfficerMar 2026
  • SephoraGuillaume Motte · Appointment → Direct overseer of Greater ChinaJan 2026
  • SephoraCatherine Spindler · Appointment → President for Europe and the Middle EastJan 2026
  • ChallengerDamian Graham · Appointment → Chief Investment OfficerNov 2025
  • ShopBackCarolina Paradas · Appointment → General Manager for North AmericaSep 2025
  • Sasseur REITXie Jianfeng · Resignation — was Chief Financial OfficerSep 2025
  • Sasseur REITJia Yali · Appointment → Chief Financial Officer (interim)Sep 2025
  • TraxRegi Vengalil · Appointment → Chief Financial OfficerSep 2025
Product launches
tracked launches · last 12 months
  • SHEINSheglam (Cosmetics)Apr 2026
  • AfterShipDelivery Date Prediction API (API)Apr 2026
  • LifesightMia (AI marketing intelligence agent)Mar 2026
  • MoglixCognilix (AI‑led operating system for B2B commerce and procurement)Jan 2026
  • SHEINLogistics Center near Wrocław, Poland (Logistics Center)Dec 2025
  • SephoraSEPHORiA (Immersive Beauty Experience)Dec 2025
  • SephoraMy Sephora Storefront (In‑app Affiliate Platform)Dec 2025
  • RotimaticRotimatic NEXT (Smart kitchen appliance)Aug 2025
Contract wins
10 customer wins · last 24 months
  • Traxwon Magnifica AirMar 2026
  • Traxwon air atlanta icelandicJan 2026
  • SHEINwon Société des Grands Magasins (SGM)Oct 2025
  • SHEINwon reliance retailDec 2024
  • AMPwon waste connectionsNov 2024
Workforce actions
7 companies cutting roles · last 24 months
  • ShopBackscale undisclosed · cost cutsApr 2026
  • Challenger~10,340 roles reportedFeb 2026
  • Carousell~7% of workforce reported · cost reductionFeb 2025
  • SHEIN~17 roles reported · restructuringDec 2024
  • Love Bonito~29 roles reportedOct 2024
  • Qoo10~80% of workforce reported · financial issuesAug 2024
Regulatory & litigation
64 regulatory events · 37 tracked suits · 24 months
  • Sephorainspections carried out — Italian Competition Authority (AGCM)Mar 2026
  • SHEINbreach of consumer laws — European CommissionMar 2026
  • SHEINinvestigation launched — EU CommissionFeb 2026
  • Challengeradmission cancelled — London Stock Exchange – AIMDec 2025
  • ken paxton v sheinPFAS chemical violation of US safety standards · OngoingApr 2026
  • French authorities v sheinsuspension of marketplace · VerdictMar 2026
Earnings pulse
companies reporting results · last 24 months
16 companies reporting69 company-quarters trackedbeat 3miss 1in line 2

Half of these companies grew revenue faster than +10.0%, half slower.

Who is building Retail in Singapore

Profiles 837 founders and CEOs across 640 firms, showing common alma maters (NUS 54) and prior employers such as Google (8).

Founders and chief executives12 of 837, from the best-funded companies on this page
Gary Laben
CEO
Gary Laben

Ex-Dynata, Wunderman, KBM Group · The Johns Hopkins University BS 1986

Rahul Garg
Founder & CEO
Rahul Garg
repeat founder

Ex-Google, Conexant Systems, Ittiam Systems · IIT Kanpur BTech 2001, Indian School of Business MBA 2010

Siu Quek
Co-Founder & CEO
Siu Quek

VSee. National University of Singapore BBA 2012

Ankiti Bose
ex-Co-Founder
Ankiti Bose
repeat founder

Ex-Sequoia Capital, McKinsey & Company. NYU Stern School of Business

Henry Chan
Co-Founder & CEO
Henry Chan

Ex-SingPost eCommerce, Zalora SEA, Co-Founder RaveSquare, HNL. National University of Singapore 2010

Paulo Campos
Co-Founder and ZALORA Philippines Board Director
Paulo Campos

Kaya Founders, ex-Zalora, ex-The Boston Consulting, Harvard Business School, 2010

Kiren Tanna
Co-Founder & CEO
Kiren Tanna
repeat founder

Entrepreneur in Residence - Accelerating Asia

Jia Chai
Co-Founder & CEO
Jia Chai

Ex-xto10x Technologies, Carousell, Airbnb. National University of Singapore BE 2002, INSEAD MBA

Joseph Jiannan
Founder & CEO
Joseph Jiannan

Nanyang Technological University Singapore BE 2011

Dione Song
CEO
Dione Song

Ex-ZALORA Group, SEPHORA · NYU Stern School of Business BS

Shengxuan Ye
Founder & Global CEO
Shengxuan Ye

Ex-Facebook. Caltech MSc 2014, Zhejiang University PhD 2024

Rajeev Amatya
Founder & MD
Rajeev Amatya

ex- Founder Rocket Internet, ex-Co-Founder 88Yaks, Novumed Life Science Consulting and Advisory, Credit Suisse. Ohio Wesleyan University BA 2009…

Where the founders studied
alma mater on record for 172 of 837 founders
National University of Singapore (NUS)54
Singapore Management University (SMU)21
Nanyang Technological University (NTU)16
INSEAD8
University of Cambridge6
Stanford University6
IIT Kanpur4
Massachusetts Institute of Technology4
Where they worked before
a previous employer on record for 27 of 837 founders
Google8
McKinsey6
Bain4
eBay3
Goldman Sachs3
Microsoft2
Paypal1
Flipkart1
Founders flagged as repeat founders
of 792 founders with a profile on this page
22
carry a repeat-founder flag
  • flagged as repeat founders22
  • no repeat-founder flag770
Radar

Look up the people behind Retail companies in Singapore

Search founders, executives and operators by company, role and location.

Who funds Retail in Singapore

Summarizes 313 funding rounds since 2016 from 522 investors, with a typical round size of $5 million.

Investor · most active investors since 2016RoundsLedLatest
Wavemaker Partners178Jan 2025
East Ventures1510Sep 2023
Global Founders Capital106Dec 2023
Jungle Ventures106May 2024
Y Combinator96Oct 2023
500 Global91Jan 2025
Accel84Apr 2022
EDBI84Mar 2023
Temasek82May 2025
Tiger Global Management76Jun 2022
Stage mix · rounds since 2016
Seed & Angel150
Series A–B84
Series C+ / PE48
Grants, debt & other31

The typical round is $5M — half were bigger, half smaller.

The biggest Retail funding rounds in Singapore

Highlights the biggest disclosed round—SHEIN’s $2 billion Series D—and lists ten other large recent rounds.

CompanyRoundSizeWhenBackers
SHEINSeries Dmega-round$2BMay 2023Sequoia Capital, General Atlantic, Mubadala
SHEINSeries Cmega-round$1BApr 2022Tiger Global Management, General Catalyst
TraxSeries Emega-round$640MApr 2021SoftBank Vision Fund, BlackRock, OMERS +1 more
LazadaSeries Emega-round$253.6MNov 2014Temasek, Rocket Internet, Kinnevik +1 more
LazadaSeries Dmega-round$250MNov 2013Access Industries, Tesco, Kinnevik +1 more
MoglixSeries Fmega-round$250MJan 2022Alpha Wave Global, Tiger Global Management, WFM Asia
ZilingoSeries D$226MDec 2018Sequoia Capital, Temasek, Burda Principal Investments +10 more
SHEINAngel$150MFeb 2023Marcelo Claure
TraxSeries D$125MJun 2018Boyu Capital, DC Thomson
MoglixSeries E$120MMay 2021Harvard Management Company, Venture Highway, Alpha Wave Global +2 more
Venture round sizes · 2023–2025
<$1M6
$1–10M24
$10–50M9
$50–250M2
>$250M1

42 venture rounds with a disclosed amount in the window.

Fresh cheques · last 6 months

What the news says about Retail in Singapore

Records 275,268 news articles in the last year, most often covering international entities, geopolitical disputes, and cryptocurrency impacts on forex markets.

News volume
Retail coverage across Singapore · articles per quarter
2021Q2: 36,1322021Q3: 40,0952021Q4: 36,5332022Q1: 39,5522022Q2: 40,6242022Q3: 45,4452022Q4: 50,7902023Q1: 52,6172023Q2: 51,9542023Q3: 52,6082023Q4: 57,9942024Q1: 56,0982024Q2: 65,8252024Q3: 64,3692024Q4: 67,1772025Q1: 80,1022025Q2: 51,9662025Q3: 138,7612025Q4: 41,6162026Q1: 45,863
2021Q22026Q1
peak 138,761 in 2025Q3 · 275,268 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 51% → 42%, negative 24% → 13% across 2021–2025.

What the coverage is about

The subjects that dominate Retail news in Singapore. The arrow shows whether each one is being written about more or less than a year ago.

  • International and transnational geographic entities300,285▲+33%
  • Geopolitical disputes and contested areas300,275▲+33%
  • Administrative and political subdivisions300,271▲+33%
  • Cryptocurrency impact on forex markets17,034▲+34%
  • New product launches and innovations11,583▲+29%
  • Strategic partnerships and collaborations11,308▲+32%
  • Technology adoption and digital transformation8,688▲+31%
  • Executive leadership changes and appointments8,137→+6%
  • International political relations8,093▲+11%
  • International sports competitions7,085→+1%
Most-covered companies · last 12 months

36 Retail companies here were named in the news over this period.

Prism

Watch Retail coverage in Singapore as it happens

Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.

Momentum

The words getting louder — and quieter

Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.

countries+128%stablecoin fx impact+124%decentralized forex+70%study overseas+225%overseas study+214%semester abroad+235%international programs+264%tanker routing+521%aframax tankers+359%export sanctions+190%
flight safety measures-77%f1 world championship-33%f1 championship-33%direct investments (pe)-38%aircraft emergency procedures-78%

The pressures the press keeps returning to

Three recurring angles in Singapore Retail coverage, and whether each is getting more attention year on year (through 2025).

Regulatory Risk ▲ rising
658,364 articles touch this dimension · 18.3% critical tone
20212025
signals: territories, disputed islands, countries
Funding Momentum ▲ rising
45,632 articles touch this dimension · 41.1% critical tone
20212025
signals: inflation reports fx, currency intervention policies, pre-ipo valuation
Growth ▲ rising
87,772 articles touch this dimension · 39.4% critical tone
20212025
signals: gdp growth forex, gdp growth rate, inflation reports fx

Retail jobs in Singapore: who is hiring and what they ask for

Lists 150 job postings from 193 employers in the past year, with top skills in retail sales and a median advertised salary of $170 k per year.

150postings · last 12 months
937postings tracked overall
193employers advertising
$170kmedian advertised salary/yr (n=219)

Demand

The Skills Employers Ask For

What Retail employers in Singapore put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.

  • retail sales258
  • customer service226
  • sales222
  • retail142
  • selling125
  • marketing111
  • merchandising99
  • cashiering96
  • retailing92
  • housekeeping82
What level are these roles?
Entry2
Intern11
Senior54
Lead2
Manager167
What they pay, by level
  • Manager$346k/yr (n=65)
Most advertised titles
  • Retail Associate (2.5K + Comms!/ Luxury Skincare/ 5 Days Work Week/ Town)16
  • Retail Operation Manager (Up To 6K + Vb/ Luxury Skincare/ 5 Days Week)14
  • Supply Planner (Up To 4.5K/ Global Luxury Retail Mnc/ Sap/ West)13
  • Retail Assistant11
  • Retail Supervisor10
  • Retail Sales Associate9
Keep going

Track Retail in Singapore beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs and news trackers, covering Singapore. Counts are of companies we track, not of every company that exists. Updated August 2026.
Coming soon