Eco-Shop

Eco-Shop Marketing Berhad
Company typePublic
MYX: 5337
IndustryRetail
FoundedSeptember 2003 (2003-09)
FounderDato’ Sri Lee Kar Whatt
HeadquartersSegamat, ,
Malaysia
Number of locations
371[1] (2025)
Area served
Malaysia
RevenueRM 2.787 billion[1] (2025)
Number of employees
8,485[1] (2025)
Subsidiarieseco•plus
eco•bakery
Websitewww.eco-shop.com.my

Eco-Shop (stylized as eco•shop) is a Malaysian convenience store company selling products such as home improvement items, food, drinks, and toys. It is well-known for setting all its products at only RM 2.60 each.[2] As of the financial year 2025, Eco-Shop operates more than 370 outlets across the country.[1]

History

In May 2002, Dato’ Sri Lee Kar Whatt, alongside his relatives and Pang Kueh Khim, opened Kedai Ekonomi Hari-Hari in Kota Bharu, Kelantan. Not long after that, he closed down the shop and established Eco Shop Marketing in September 2003, alongside his brother Lee Tiong Bin, Kueh Khim, and a third-party investor. Eventually, they opened the first RM 2 store in Gemas Baru, Johor in the same year.[3]

In 2010, the company established its headquarters and new warehouse facility in Jementah, a small town in Segamat, Johor.[4] Eco-Shop celebrated the opening of its 100th outlet in 2018 in Gombak, Selangor and its 300th outlet in 2024 in Nu Sentral, Kuala Lumpur.[5]

Financials

Finances from 2022 to 2025[1][6]
Year Revenue
(RM billion)
Profit after tax and minority interest (RM million) Number of the workforce Number of stores
2022 1.574 26.958 - 227
2023 1.99 104.951 6,656 240
2024 2.404 177.28 7,420 297
2025 2.786 205.034 8,485 371

References

  1. ^ a b c d e "2025 Annual Report" (PDF). Retrieved 23 December 2025.
  2. ^ "Eco-Shop naik harga mulai 14 April 2025" [Eco-Shop prices increase starting April 14, 2025]. eCentral (in Malay). 17 March 2025.
  3. ^ "Corporate Information". Retrieved 23 December 2025.
  4. ^ "About Us". Retrieved 23 December 2025.
  5. ^ "Eco-Shop hits major milestone with 300th opening store". Malaysiakini. 11 October 2024. Retrieved 23 December 2025.
  6. ^ "Financial Information". Retrieved 23 December 2025.