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Malaysia’s Mr. DIY Opens First Store In Europe

Malaysia’s Mr. DIY Opens First Store In Europe

It could form the basis for further expansion towards Europe.

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Malaysians now have more reasons to visit Turkey, the beautiful country that straddles both Asia and Europe.

Malaysia’s home-grown brand Mr. DIY – touted as Southeast Asia’s largest of its kind – recently opened its first store in Turkey, a market of 84.34 million people.

This would be a piece of good news especially for Malaysians who love to see a local brand overseas.

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The city of Istanbul. (Credit: Fernando Fong)

The Mr. DIY store is located in the exotic city of Istanbul which is a haven for shoppers.

The Turkish Embassy in Malaysia congratulated Mr. DIY on its latest expansion.

We wish MR. DIY continued success on opening of their first store in İstanbul.

Turkish Embassy in Kuala Lumpur
The city of Istanbul. (Credit: Fernando Fong)

In October last year, the company added a link to a website for Mr. DIY Turkey on its landing webpage.

Turkey is the company’s ninth market and its second outside Southeast Asia.

Mr. DIY is also present in Thailand, Brunei, Indonesia, Singapore, the Philippines, Cambodia and India.

A Humble Beginning

The first Mr. DIY store. (Credit: Mr. DIY)

MR.DIY first opened one store on Jalan Tuanku Abdul Rahman in July 2005.

All MR.DIY stores are managed directly and in collaboration with large retailers and mall owners, operating as a mini anchor tenant in Lotus’s, Giant, AEON and AEON BIG.

MR.DIY offers an average of 18,000 varieties of products in various categories — Hardware, Household, Electrical, Furnishing, Car Accessories, Stationery & Sports, Toys, Gifts, Computer & Mobile Accessories, and Jewellery and Cosmetics.

Mr. DIY also offers a wide range of products at always RM2 or RM5 under its sub-brand Mr. DOLLAR.

Another sub-brand, Mr. TOY, offers a wide range of toys that are always fun at affordable prices.

Mr. DIY on Bursa Malaysia. (Credit: KLSE Screener)

In October 2020, Mr. DIY made its debut on the Main Market of Bursa Malaysia Securities Berhad.

Mr. DIY’s listing is the largest listing on the Malaysian exchange that year.

Based on the issue price of RM1.60 per share at that time, MR DIY was valued at a market capitalization of RM10 billion.

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