168 Shopping Mall

What 168 Shopping Mall does

168 Shopping Mall is a privately held physical retail shopping mall located at Soler Street, Binondo, in Manila's Divisoria district, in the Philippines. Established in 2004, the property spans seven levels and houses over 1,500 tenant stores organized into merchandise categories including dining (food stalls and food kiosks), bridal/gowns/Suits, fashion boutiques, home textile and furniture, toys and gadgets, jewelry, duty-free chocolate and PX goods, and amusement, alongside on-site services such as bank branches/ATMs, pawnshops, courier providers, dental clinics and a pharmacy.

The company's core product is the mall itself: a physical retail destination that aggregates independent and brand-name tenants (e.g., Jollibee, KFC, Dairy Queen, Chowking, Greenwich, Goldilocks, Eng Bee Tin; banks BDO, BPI, Metrobank, PNB, Security Bank; couriers LBC, J&T, JRS, 2Go, SF Express). Its revenue model is retail leasing — generating income from leasing commercial space to tenant stores and businesses — with pricing not publicly disclosed. Go-to-market is a single physical storefront with fixed business hours (Mon–Thu 9 AM–6 PM; Fri–Sun/holidays 9 AM–7 PM), supplemented by organic social media marketing on Facebook, TikTok (@168shoppingmallph) and Instagram, plus an email newsletter.

The mall targets bargain hunters, budget shoppers and general consumers in Divisoria seeking affordable, one-stop access to a wide variety of merchandise and services. With 115 employees and no disclosed funding, parent company, or expansion activity, 168 Shopping Mall operates as an independently owned, single-site asset in the Philippine National Capital Region.

Name

168 Shopping Mall

Legal name

168 Shopping Mall

Website

https://168shoppingmall.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

168 Shopping Mall is a seven-level, 1,500+ store physical retail mall in Binondo, Manila, established in 2004. It leases space to tenants spanning dining, fashion, bridal, home goods, electronics, jewelry, banking, pawnshop, courier and clinic categories, serving bargain hunters in the Divisoria district.

Ownership category

akta.pro rank

Product category

Shopping Mall / Retail Real Estate

NAICS

General Merchandise Retailers (455), All Other General Merchandise Retailers (455219)

SIC

Retail-Variety Stores (5331), Retail-Misc General Merchandise Stores (5399)

akta.pro industry

PRIMARYCRAEAFAB

Overstock & Surplus General Merchandise Retail

Consumer Products & Retail/Discount, Club & Value Retail/Closeout, Liquidation & Overstock Retail

Keywords

• Retail shopping mall
• Affordable shopping
• Wholesale retail
• Tenant leasing
• Divisoria marketplace

Headquarters

HQ city

Manila

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Retail Leasing: Revenue generated from leasing commercial spaces to tenant stores and businesses across various categories including dining, fashion, bridal, home essentials, toys, gadgets, jewelry, and services.

Distribution channels1 record

Marketing channels4 records

Core offering

168 Shopping Mall operates a seven-level physical retail complex in Binondo, Manila, leasing commercial space to over 1,500 tenant stores. Tenants offer wholesale and retail merchandise across categories including dining, bridal/formal wear, fashion boutiques, home textiles and furniture, toys and gadgets, jewelry, chocolate and PX goods, plus on-site services such as banking, pawnshops, courier, clinics, and pharmacy.

Product overview

168 Shopping Mall is a physical shopping mall complex operating as a single unified retail destination, not a software product platform. The mall comprises seven levels housing over 1500 tenant stores organized into distinct product and service categories: Dining (Food Stalls and Food Kiosks offering various cuisines), Bridal/Gowns/Suits (bridal boutiques and formal wear), Boutique/Shops (fashion, accessories, beauty products), Home Textile/Furnitures (home goods and furniture), Toys & Gadgets (electronics and toys), Chocolate & PX Goods (duty-free items), Jewelry (fine jewelry stores), Amusement (entertainment venues), and Services (banking, pawnshops, courier, clinics, and miscellaneous services). The mall targets bargain hunters and affordable shopping enthusiasts in Divisoria, Manila.

Differentiator

Problem solved

Functional benefit

Products and services

• 168 Shopping Mall Retail Space Leasing Commercial space leasing across seven levels and 1,500+ tenant stores in Binondo, Manila, accommodating wholesale and retail general merchandise, fashion, home essentials, bridal wear, dining, and various services.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

28 partnerships are on record, tiered minor.

• JollibeeminorOthersFast food restaurant tenant operating within 168 Shopping Mall offering Filipino fast food cuisine.
• KFCminorOthersInternational fast food chain tenant offering fried chicken and related products within the mall.
• Dairy QueenminorOthersIce cream and fast food restaurant tenant providing desserts and casual dining options.
• ChowkingminorOthersChinese fast food restaurant chain tenant offering dim sum and Chinese-inspired dishes.
• Greenwich PizzaminorOthersPizza and pasta chain tenant providing Italian-American food options within the mall.
• Tokyo TokyominorOthersJapanese fast food tenant offering affordable Japanese cuisine.
• GoldilocksminorOthersBakery and restaurant tenant offering Filipino baked goods and meals.
• Eng Bee TinminorOthersHopia and bakery specialty store tenant known for Chinese-inspired pastries.
• Security BankminorOthersBanking services provider with branch and ATM locations within the mall.
• BPI (Bank of the Philippine Islands)minorOthersMajor Philippine bank providing ATM services within the mall premises.
• BDO (Banco de Oro)minorOthersLeading Philippine bank with ATM services available in the mall.
• MetrobankminorOthersUniversal bank with branch presence inside the mall.
• PNB (Philippine National Bank)minorOthersGovernment-owned bank with branch location within the mall.
• Cebuana LhuillerminorOthersPawnshop and remittance services provider with locations in the mall.
• Palawan PawnshopminorOthersPawnshop and money transfer services tenant in the mall.
• LBC (Luzon Brokerage Corporation)minorOthersCourier and remittance services provider with branch in the mall.
• J&T ExpressminorOthersCourier and logistics services provider serving mall customers and tenants.
• JRS ExpressminorOthersExpress courier services available within the mall for shipping needs.
• 2GominorOthersLogistics and courier services provider with presence in the mall.
• SF ExpressminorOthersInternational express delivery services provider operating within the mall.
• Potato CornerminorOthersPopular Filipino franchised snack brand offering flavored fries.
• ZaguminorOthersMilk tea and beverage franchise tenant in the mall.
• FruitasminorOthersFilipino food and beverage franchise offering various drinks and snacks.
• Jonalyn Libiran GownsminorOthersBridal gown specialist offering wedding dresses and formal wear.
• Beauty KingdomminorOthersBeauty and cosmetics retail store offering skincare and beauty products.
• QuicklyminorOthersBeverage and milk tea franchise tenant offering bubble tea and drinks.
• Lucky Doctor PharmacyminorOthersPharmacy and health products provider serving mall visitors.
• Coloma Dental ClinicminorOthersDental clinic providing oral healthcare services within the mall.

Scale indicators4 records

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• Ayala Malls: Premium mall operator in the Philippines; represents the modernized end of the segment and an aspirational substitute where middle-class shoppers drift away from discount-mall formats like 168.
• Puregold Price Club: A nationwide warehouse-club and grocery retailer serving value-conscious Filipino households; overlaps with 168's bargain-shopper segment for general merchandise and groceries.
• Robinsons Malls (Robinsons Land): Major national mall operator with multi-department retail, dining, and services—serving as a broader alternative for value-conscious Metro Manila shoppers who might otherwise visit 168.
• SM Supermalls (SM Prime Holdings): The Philippines' largest mall operator; competes with 168 by capturing bargain and mid-market shoppers through nationwide Supercenter and hypermarket formats, though with a broader, more modern retail ecosystem.

Regional players

• Gaisano Grand / Gaisano Mall: Regional multi-tenant shopping mall operator concentrated in Visayas and Mindanao—offers a comparable bargain-retail tenant mix to168 but in different provincial geographies.

Direct peers

• 999 Mall: A bargain-oriented multi-tenant mall located in the Divisoria/Binondo district catering to the same wholesale and budget-shopper segment as 168 Shopping Mall.
• Lucky Chinatown Mall: A newer Binondo-located shopping mall with a similar mix of retail, dining, and services, positioned in the same district and targeting overlapping Filipino-Chinese consumer and tourist traffic.
• Tutuban Center: A historic Divisoria-area multi-level shopping complex offering wholesale and retail merchandise to bargain hunters—directly comparable to 168 in tenant mix, customer base, and geographic positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/168shoppingmall
• Instagraminstagram.com/168shoppingmall
• TikToktiktok.com/@168shoppingmallph
• LinkedInlinkedin.com/company/168-shopping-mall

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about 168 Shopping Mall