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168 Asian Mart

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uuid003qyfb

Namestring
168 Asian Mart
Legal namestring
168 Asian Mart
Company typeenum
Private
Founded yearint
2010
Descriptiontext

168 Asian Mart is a privately held specialty grocery retailer operating a 30,000+ square foot supermarket at 32393 John R Rd in Madison Heights, Michigan, founded in 2010 and held under the 168 Group umbrella. The store carries more than 1,000 authentic Asian products sourced from China, Japan, Korea, Vietnam, Thailand, and other Asian markets, organized into fresh seafood, meat market, produce, pantry and groceries, bakery, and frozen foods departments, and is positioned as Michigan's largest Asian grocery market.

The company's core proposition has been extended with an in-store Food Hall that houses six tenant-operated dining and entertainment concepts: Cheng's (Hong Kong dim sum), Mala Town (Chinese hot pot/malatang), Oishi Ramen (Japanese ramen), Tabe Sushi (Japanese sushi), Yuan Yang (Asian desserts and bubble tea), and Kidz Want (children's arcade and play space). A separate e-commerce storefront at shop.168groupusa.com sells home goods, kitchenware, decor, gifts, and lifestyle products with online-only deals and weekly new arrivals, extending the brand beyond the Michigan trade area for non-grocery merchandise.

The business model is multi-stream: retail grocery sales and Food Hall tenant economics (likely rental income or revenue share) form the core, supplemented by e-commerce sales and a weekly specials promotion cadence that drives repeat foot traffic. Customer acquisition relies on store traffic, community presence, word-of-mouth, and a brand identity rooted in the culturally resonant '168' name. Core technology is not disclosed, and the company does not advertise any AI, automation, or proprietary platform capabilities in the source material.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersMadison Heights, United States
HQ citystring
Madison Heights
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
asian grocery retail, fresh seafood market, specialty asian produce, ethnic grocery store, asian food hall
Industry2 codes
1East Asian (Chinese/Japanese/Korean) Grocery Stores
CodeCRAHAFAEPrimaryYes
2In-Store Sushi & Asian Prepared Foods
CodeCRAHAKADPrimaryNo
NAICS code3 codes
  • Supermarkets and Other Grocery Retailers (except Convenience Retailers)44511
  • Specialty Food Retailers4452
  • Other Specialty Food Retailers44529
SIC code2 codes
  • Retail-Grocery Stores5411
  • Retail-Variety Stores5331
Product category
Asian Grocery Retail
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Retail Grocery Sales
TypeTransaction Fee
Description

Primary revenue stream from selling Asian grocery products including fresh produce, meats, seafood, pantry items, bakery goods, and frozen foods directly to consumers visiting the physical store.

168asianmart.com
2Food Hall Dining
TypeTransaction Fee
Description

Revenue from multiple restaurant tenants within the Food Hall including Hong Kong street food (Cheng's), Chinese hot pot (Mala Town), Japanese ramen (Oishi Ramen), Japanese sushi (Tabe Sushi), Asian desserts and bubble tea (Yuan Yang), and kids entertainment (Kidz Want). The company likely earns rental income or revenue share from these tenants.

168asianmart.com
3E-commerce Sales
TypeTransaction Fee
Description

Online sales of home goods, kitchenware, décor, gifts, and lifestyle products through their separate e-commerce platform at shop.168groupusa.com, featuring online-only deals and curated Asian style products with fast shipping.

168asianmart.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 6 records shown
1Cheng's
Description

Hong Kong street food restaurant featuring authentic dim sum including steamed dumplings, bao buns, spring rolls, and rice noodle rolls.

168asianmart.com
+5 more records
Core offering1 text field

168 Asian Mart is a 30,000+ sq ft Asian specialty grocery supermarket offering 1,000+ authentic products sourced from China, Japan, Korea, Vietnam, and Thailand, including fresh seafood, meat market items, produce, pantry staples, bakery goods, and frozen foods. The store incorporates a Food Hall with six Asian restaurant tenants covering Hong Kong street food, Chinese hot pot, Japanese ramen, Japanese sushi, Asian desserts/bubble tea, and kids entertainment. A separate e-commerce shop (shop.168groupusa.com) sells home goods, kitchenware, décor, gifts, and lifestyle products online.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

168 Asian Mart operates as a single-format 30,000+ sq ft physical retail supermarket supplemented by an online e-commerce channel. The core offering is the brick-and-mortar supermarket featuring six distinct in-store restaurant brands within the Food Hall (Cheng's, Mala Town, Oishi Ramen, Tabe Sushi, Yuan Yang, and Kidz Want), alongside traditional grocery departments (Fresh Seafood, Meat Market, Fresh Produce, Pantry & Groceries, Bakery, Frozen Foods, and Kitchen & Home Goods). A companion online shop at shop.168groupusa.com extends the offering to e-commerce for home goods and lifestyle products.

Product and service2 records
1168 Asian Mart Supermarket
CategoryAsian Grocery Retail
Description

A 30,000+ sq ft Asian grocery supermarket offering authentic Asian products from China, Japan, Korea, Vietnam, Thailand, and beyond, including fresh produce, meats, seafood, pantry staples, bakery items, and frozen foods.

2Fresh Seafood Department
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeOthers
Description

Hong Kong street food restaurant operator located within the 168 Asian Mart Food Hall. Offers authentic dim sum including steamed dumplings, bao buns, spring rolls, and rice noodle rolls. Fresh, handcrafted, made-to-order dishes representing Hong Kong-style cuisine.

Strategic tierCoreTypeOthers
Description

Chinese hot pot restaurant operator within the Food Hall. Offers authentic malatang with customizable spice levels from mild to extreme. Features fresh vegetables, meats, tofu, and noodles cooked in signature spicy broth.

Strategic tierCoreTypeOthers
Description

Japanese ramen restaurant in the Food Hall. Offers rich, soul-warming bowls of authentic ramen with slow-simmered broths, handmade noodles, tender chashu pork, and carefully selected toppings.

Strategic tierCoreTypeOthers
Description

Japanese sushi restaurant in the Food Hall. Features fresh sashimi, specialty rolls, nigiri platters, and omakase. Sushi crafted by skilled itamae with freshest fish sourced daily.

Strategic tierCoreTypeOthers
Description

Asian desserts and bubble tea operator in the Food Hall. Offers traditional tong sui (sweet soups), silky tofu puddings, mango pomelo sago, fresh bubble tea, and fruit drinks. Fresh desserts made daily.

6Kidz Want
Strategic tierMinorTypeOthers
Description

Kids play space and arcade within the Food Hall. Features arcade games, interactive play areas, and family entertainment. Party space available. Provides family-friendly entertainment while parents enjoy dining.

168asianmart.com
Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
199 Ranch Market
TypeDirect peer
Description

Largest Chinese-American supermarket chain in the US, operating across multiple states with broad pan-Asian assortment and in-store prepared foods. Closest direct competitor in product mix, target customer, and food-hall-style format.

2SF Supermarket
TypeDirect peer
Description

Asian-American supermarket chain operating across the Midwest and East Coast with broad pan-Asian assortment and fresh departments. Closely comparable in regional Midwest positioning and product breadth.

TypeBroad incumbent
Description

Largest US Korean-American supermarket chain operating dozens of stores nationwide with broad Asian assortment, fresh seafood, and in-store food courts. Directly comparable in product mix and food-hall concept, but vastly larger scale and geographic reach than 168 Asian Mart.

TypeDirect peer
Description

Japanese-focused supermarket chain with multiple US locations combining grocery retail with Japanese food courts and specialty stores. Comparable through pan-Asian assortment, in-store dining, and emphasis on authentic imported goods.

TypeOthers
Description

Japanese variety-store chain selling curated household goods, kitchenware, and lifestyle products at value prices. Comparable to 168 Asian Mart's e-commerce home-goods/lifestyle product line at shop.168groupusa.com, though Daiso operates a global physical retail footprint.

TypeDirect peer
Description

Pacific Northwest Asian supermarket chain offering pan-Asian groceries, fresh seafood, and in-store dining. Comparable through its broad Asian assortment, community-focused positioning, and in-store food offerings.

TypeBroad incumbent
Description

Nationwide premium grocery chain with significant international and Asian assortments, prepared foods, and in-store dining. Comparable in destination-grocery positioning and breadth of premium imported goods, though serving a much broader customer.

TypeBroad incumbent
Description

Large US regional supermarket chain with strong store experience, in-store dining, and growing international/ethnic assortment. Comparable as a Michigan-operating grocery with strong destination-retail positioning, though serving a much broader mainstream customer.

TypeRegional player
Description

Japanese-focused supermarket serving a regional market with authentic Japanese groceries, fresh seafood, and prepared foods. Comparable in single-market ethnic grocery focus, though geographically distinct from 168 Asian Mart's Michigan footprint.

TypeEmerging player
Description

Largest Indian-American grocery chain in the US with multi-state footprint focused on South Asian groceries and ingredients. Comparable as a single-ethnicity-focused supermarket serving a diaspora community in the US.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

168 Asian Mart

Asian Grocery Retail168asianmarket.com

What 168 Asian Mart does

168 Asian Mart is a privately held specialty grocery retailer operating a 30,000+ square foot supermarket at 32393 John R Rd in Madison Heights, Michigan, founded in 2010 and held under the 168 Group umbrella. The store carries more than 1,000 authentic Asian products sourced from China, Japan, Korea, Vietnam, Thailand, and other Asian markets, organized into fresh seafood, meat market, produce, pantry and groceries, bakery, and frozen foods departments, and is positioned as Michigan's largest Asian grocery market.

The company's core proposition has been extended with an in-store Food Hall that houses six tenant-operated dining and entertainment concepts: Cheng's (Hong Kong dim sum), Mala Town (Chinese hot pot/malatang), Oishi Ramen (Japanese ramen), Tabe Sushi (Japanese sushi), Yuan Yang (Asian desserts and bubble tea), and Kidz Want (children's arcade and play space). A separate e-commerce storefront at shop.168groupusa.com sells home goods, kitchenware, decor, gifts, and lifestyle products with online-only deals and weekly new arrivals, extending the brand beyond the Michigan trade area for non-grocery merchandise.

The business model is multi-stream: retail grocery sales and Food Hall tenant economics (likely rental income or revenue share) form the core, supplemented by e-commerce sales and a weekly specials promotion cadence that drives repeat foot traffic. Customer acquisition relies on store traffic, community presence, word-of-mouth, and a brand identity rooted in the culturally resonant '168' name. Core technology is not disclosed, and the company does not advertise any AI, automation, or proprietary platform capabilities in the source material.

168 Asian Mart firmographics

Firmographics
Name
168 Asian Mart
Legal name
168 Asian Mart
Website
https://168asianmarket.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
1–10 employees
Ownership category
akta.pro rank

168 Asian Mart industry classification

Industry
Product category
Asian Grocery Retail
NAICS
Supermarkets and Other Grocery Retailers (except Convenience Retailers) (44511), Specialty Food Retailers (4452), Other Specialty Food Retailers (44529)
SIC
Retail-Grocery Stores (5411), Retail-Variety Stores (5331)
akta.pro primary industry
East Asian (Chinese/Japanese/Korean) Grocery Stores (CRAHAFAE)
akta.pro secondary industry
In-Store Sushi & Asian Prepared Foods (CRAHAKAD)

Keywords

  • Asian grocery retail
  • Fresh seafood market
  • Specialty asian produce
  • Ethnic grocery store
  • Asian food hall

Where 168 Asian Mart is headquartered

Location

Headquarters

HQ city
Madison Heights
HQ country
United States
HQ region
North America

Offices1 record

Markets served

168 Asian Mart business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Retail Grocery Sales: Primary revenue stream from selling Asian grocery products including fresh produce, meats, seafood, pantry items, bakery goods, and frozen foods directly to consumers visiting the physical store.
  2. Food Hall Dining: Revenue from multiple restaurant tenants within the Food Hall including Hong Kong street food (Cheng's), Chinese hot pot (Mala Town), Japanese ramen (Oishi Ramen), Japanese sushi (Tabe Sushi), Asian desserts and bubble tea (Yuan Yang), and kids entertainment (Kidz Want). The company likely earns rental income or revenue share from these tenants.
  3. E-commerce Sales: Online sales of home goods, kitchenware, décor, gifts, and lifestyle products through their separate e-commerce platform at shop.168groupusa.com, featuring online-only deals and curated Asian style products with fast shipping.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

168 Asian Mart product offering

Product offering

Core offering

168 Asian Mart is a 30,000+ sq ft Asian specialty grocery supermarket offering 1,000+ authentic products sourced from China, Japan, Korea, Vietnam, and Thailand, including fresh seafood, meat market items, produce, pantry staples, bakery goods, and frozen foods. The store incorporates a Food Hall with six Asian restaurant tenants covering Hong Kong street food, Chinese hot pot, Japanese ramen, Japanese sushi, Asian desserts/bubble tea, and kids entertainment. A separate e-commerce shop (shop.168groupusa.com) sells home goods, kitchenware, décor, gifts, and lifestyle products online.

Product overview

168 Asian Mart operates as a single-format 30,000+ sq ft physical retail supermarket supplemented by an online e-commerce channel. The core offering is the brick-and-mortar supermarket featuring six distinct in-store restaurant brands within the Food Hall (Cheng's, Mala Town, Oishi Ramen, Tabe Sushi, Yuan Yang, and Kidz Want), alongside traditional grocery departments (Fresh Seafood, Meat Market, Fresh Produce, Pantry & Groceries, Bakery, Frozen Foods, and Kitchen & Home Goods). A companion online shop at shop.168groupusa.com extends the offering to e-commerce for home goods and lifestyle products.

Differentiator

Problem solved

Functional benefit

Brands

  • Cheng's: Hong Kong street food restaurant featuring authentic dim sum including steamed dumplings, bao buns, spring rolls, and rice noodle rolls.
  • Mala Town
  • Oishi Ramen
  • Tabe Sushi
  • Yuan Yang
  • Kidz Want

Products and services

  • 168 Asian Mart Supermarket A 30,000+ sq ft Asian grocery supermarket offering authentic Asian products from China, Japan, Korea, Vietnam, Thailand, and beyond, including fresh produce, meats, seafood, pantry staples, bakery items, and frozen foods.
  • Fresh Seafood Department

Companies that use 168 Asian Mart

Customer profile

Segments1 record

Ideal customer profiles2 records

168 Asian Mart technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

168 Asian Mart partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • Cheng'scoreOthersHong Kong street food restaurant operator located within the 168 Asian Mart Food Hall. Offers authentic dim sum including steamed dumplings, bao buns, spring rolls, and rice noodle rolls. Fresh, handcrafted, made-to-order dishes representing Hong Kong-style cuisine.
  • Mala TowncoreOthersChinese hot pot restaurant operator within the Food Hall. Offers authentic malatang with customizable spice levels from mild to extreme. Features fresh vegetables, meats, tofu, and noodles cooked in signature spicy broth.
  • Oishi RamencoreOthersJapanese ramen restaurant in the Food Hall. Offers rich, soul-warming bowls of authentic ramen with slow-simmered broths, handmade noodles, tender chashu pork, and carefully selected toppings.
  • Tabe SushicoreOthersJapanese sushi restaurant in the Food Hall. Features fresh sashimi, specialty rolls, nigiri platters, and omakase. Sushi crafted by skilled itamae with freshest fish sourced daily.
  • Yuan YangcoreOthersAsian desserts and bubble tea operator in the Food Hall. Offers traditional tong sui (sweet soups), silky tofu puddings, mango pomelo sago, fresh bubble tea, and fruit drinks. Fresh desserts made daily.
  • Kidz WantminorOthersKids play space and arcade within the Food Hall. Features arcade games, interactive play areas, and family entertainment. Party space available. Provides family-friendly entertainment while parents enjoy dining.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

168 Asian Mart competitors and assessment

Company assessment

Direct peers

  • 99 Ranch Market: Largest Chinese-American supermarket chain in the US, operating across multiple states with broad pan-Asian assortment and in-store prepared foods. Closest direct competitor in product mix, target customer, and food-hall-style format.
  • SF Supermarket: Asian-American supermarket chain operating across the Midwest and East Coast with broad pan-Asian assortment and fresh departments. Closely comparable in regional Midwest positioning and product breadth.
  • Mitsuwa Marketplace: Japanese-focused supermarket chain with multiple US locations combining grocery retail with Japanese food courts and specialty stores. Comparable through pan-Asian assortment, in-store dining, and emphasis on authentic imported goods.
  • Uwajimaya: Pacific Northwest Asian supermarket chain offering pan-Asian groceries, fresh seafood, and in-store dining. Comparable through its broad Asian assortment, community-focused positioning, and in-store food offerings.

Broad incumbents

  • H Mart: Largest US Korean-American supermarket chain operating dozens of stores nationwide with broad Asian assortment, fresh seafood, and in-store food courts. Directly comparable in product mix and food-hall concept, but vastly larger scale and geographic reach than 168 Asian Mart.
  • Whole Foods Market: Nationwide premium grocery chain with significant international and Asian assortments, prepared foods, and in-store dining. Comparable in destination-grocery positioning and breadth of premium imported goods, though serving a much broader customer.
  • Wegmans: Large US regional supermarket chain with strong store experience, in-store dining, and growing international/ethnic assortment. Comparable as a Michigan-operating grocery with strong destination-retail positioning, though serving a much broader mainstream customer.

Others

  • Daiso: Japanese variety-store chain selling curated household goods, kitchenware, and lifestyle products at value prices. Comparable to 168 Asian Mart's e-commerce home-goods/lifestyle product line at shop.168groupusa.com, though Daiso operates a global physical retail footprint.

Regional players

  • Maruwa Japanese Supermarket: Japanese-focused supermarket serving a regional market with authentic Japanese groceries, fresh seafood, and prepared foods. Comparable in single-market ethnic grocery focus, though geographically distinct from 168 Asian Mart's Michigan footprint.

Emerging players

  • Patel Brothers: Largest Indian-American grocery chain in the US with multi-state footprint focused on South Asian groceries and ingredients. Comparable as a single-ethnicity-focused supermarket serving a diaspora community in the US.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

168 Asian Mart social profiles

Digital presence

168 Asian Mart financial estimates

Financial estimate

Revenue estimate

Valuation estimate

168 Asian Mart leadership team

Management profile

Number of profiles

168 Asian Mart funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

168 Asian Mart M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 168 Asian Mart

What does 168 Asian Mart do?

168 Asian Mart is a 30,000+ sq ft Asian specialty grocery supermarket offering 1,000+ authentic products sourced from China, Japan, Korea, Vietnam, and Thailand, including fresh seafood, meat market items, produce, pantry staples, bakery goods, and frozen foods. The store incorporates a Food Hall with six Asian restaurant tenants covering Hong Kong street food, Chinese hot pot, Japanese ramen, Japanese sushi, Asian desserts/bubble tea, and kids entertainment. A separate e-commerce shop (shop.168groupusa.com) sells home goods, kitchenware, décor, gifts, and lifestyle products online.

Is 168 Asian Mart a public or private company?

168 Asian Mart is a private company. It is classified as corporate owned and is currently operating.

When was 168 Asian Mart founded?

168 Asian Mart was founded in 2010. It employs 1 to 10 people.

Where is 168 Asian Mart based?

168 Asian Mart is headquartered in Madison Heights, United States, in the North America region.

How does 168 Asian Mart make money?

Three revenue lines are on record. Retail Grocery Sales are the primary driver. The others are food Hall Dining and E-commerce Sales.

Who are 168 Asian Mart's main competitors?

Direct peers on record are 99 Ranch Market, SF Supermarket, Mitsuwa Marketplace and Uwajimaya. Broad incumbents are H Mart, Whole Foods Market and Wegmans. Daiso is listed as an others. Maruwa Japanese Supermarket is listed as a regional player. Patel Brothers is listed as an emerging player.

Does 168 Asian Mart have an API?

No public API is recorded for 168 Asian Mart.

What industry is 168 Asian Mart in?

168 Asian Mart's product category is Asian Grocery Retail. Its primary akta.pro industry code is CRAHAFAE, East Asian (Chinese/Japanese/Korean) Grocery Stores, with a secondary code of CRAHAKAD, In-Store Sushi & Asian Prepared Foods. Its NAICS code is 44511 and its SIC code is 5411.

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