Asda - About the company
Asda is an acquired company based in Leeds (United Kingdom), founded in 2009 by Mohsin Issa. It operates as a Retail chain of supermarket. The company has 32 active competitors, including 4 funded and 10 that have exited. Its top competitors include companies like Sainsbury's, A.S. Watson and Tesco.
Company Details
- Website
- www.asda.com
- Registered Address
- ASDA HOUSE,SOUTH BANK,GREAT WILSON STREET,LEEDS,LS11 5AD
Key Metrics
Founded Year
2009
Location
Leeds, United Kingdom
Stage
Acquired
Investors
Ranked
3rd among 32 active competitors
Employee Count
51,990 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by TDR Capital (Nov 01, 2024)
Legal entities associated with Asda
Asda is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASDA CIN: 40003632592 , Latvia, Active | May 30, 2003 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2023) | - |
Asda Stores Limited CIN: 464777 , United Kingdom, Active | Feb 18, 1949 | £1B+ (As on Dec 31, 2022) | - |
Asda's acquisition details
Asda got acquired by TDR Capital on Nov 01, 2024.
Click here to take a look at Asda's acquisition in detail
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Asda's funding and investors
Asda is a funded company. Asda has 2 institutional investors.
View details of Asda's funding rounds and investors
Asda's founders and board of directors
Founder? Claim ProfileThe founders of Asda is Mohsin Issa.
Here are the details of Asda's key team members:
- Mohsin Issa: Co-Owner of Asda. Contact Info: 1 email address
- Sean Clarke: CEO of Asda.
View details of Asda's Founder profiles and Board Members
Asda's employee count trend
Asda has 51,990 employees as of May 26. Here is Asda's employee count trend over the years:
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Asda's Competitors and alternates
Top competitors of Asda include Sainsbury's, A.S. Watson and Tesco. Here is the list of Top 10 competitors of Asda, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sainsbury's 1869, Holborn (United Kingdom), Public | Supermarket chain providing frozen ready meals & groceries | - | 67/100 | |
2nd | A.S. Watson 1841, Hong Kong (China), Late Stage | Health and beauty products retailer | $5.7B | 65/100 | |
3rd | Asda 2009, Leeds (United Kingdom), Acquired | Retail chain of supermarket | - | 64/100 | |
4th | Tesco 1919, Welwyn Garden City (United Kingdom), Public | Retailer of merchandise and groceries products | - | 61/100 | |
5th | Chain of supermarkets | - | - | 53/100 | |
6th | Giggling Squid 2002, Brighton (United Kingdom), Series A | Operator of Thai restaurants offering dine-in and takeout options | $9.74M | 49/100 | |
7th | Crowdfunder 2010, Newquay (United Kingdom), Series A | Online crowdfunding platform for social causes | $8.45M | 47/100 | |
8th | Liberty London 1875, London (United Kingdom), Acquired | Internet first brand offering multi-category products for men and women | - | 45/100 | |
9th | Home Retail Group 2006, Milton Keynes (United Kingdom), Acquired | Chain of supermarkets | $1.7M | - | 43/100 |
10th | The Reject Shop 1981, Melbourne (Australia), Acquired | Chain of department store | - | - | 42/100 |
Looking for more details on Asda's competitors? Click here to see the top ones
Asda's Investments and acquisitions
Asda has a total of 1 investment in Pentire Drinks. Asda has not made any acquisitions as of now.Reports related to Asda
Here is the latest report on Asda's geography:
News related to Asda
Media has covered Asda for a total of 132 events in the last 1 year, 74 of them have been about company updates and 24 about people movement.
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Asda promotes Christopher Jones to senior director – retail technologyThe Retail Bulletin•Jul 01, 2026•Asda
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Asda launches Wimbledon-inspired strawberries and cream ice creamGrocery Gazette Uk•Jun 26, 2026•Asda
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Asda Partners with Amazon to Boost Its Retail Media Offering in the UKMobilityplaza•Jun 24, 2026•Asda, Amazon, Amazon
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Asda reports progress in turnaround strategy with 0.8% like-for-like sales growthThe Retail Bulletin•Jun 01, 2026•Asda
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