CJ Express Group

C.J. Express Group Co., Ltd.
Native name
บริษัท ซี.เจ. เอ็กซ์เพรส กรุ๊ป จำกัด
Company typeSubsidiary
IndustryRetail
FoundedJanuary 4, 2005 (2005-01-04)
Number of locations
>1,700 stores (2025)
Area served
Thailand
Brands
  • CJ More
  • CJ Supermarket
  • CJX
ParentCarabao Group (2013-present)
Websitehttps://www.cjmore.co.th/

CJ Express Group Co., Ltd. (Thai: บริษัท ซี.เจ. เอ็กซ์เพรส กรุ๊ป จำกัด) is a Thai retail company that operates convenience stores and supermarkets under the brands CJ Supermarket and CJ More.[1][2] It was founded in 2005 as a provincial retailer in Ratchaburi and was acquired by Carabao Group in 2013.[3][4] As of 2025, it operates over 1,700 branches nationwide.[5]

In 2022, the company announced plans to list on the Stock Exchange of Thailand, but was later postponed due to Thailand's weak market sentiment and worsening economic conditions.[6][1]

History

CJ Express Group was established on January 4, 2005, under the name PSD Rak Thai Co., Ltd.[7] The first branch opened in Ratchaburi province, initially focusing on selling consumer goods at low-prices to provincial communities in Central Thailand.[3]

On August 1, 2013, the business underwent restructuring when Sathien Setthasit, Chairman of Carabao Group, acquired a majority stake and renamed the company to CJ Express Group.[3][4][8]

References

  1. ^ a b Jitpleecheep, Pitsinee (2023-07-21). "CJ More decides to postpone IPO filing". Bangkok Post. Retrieved 2026-01-17.
  2. ^ Money, Thairath (2025-06-26). "รอบรั้วการตลาด : CJ MORE ส่งแคมเปญใหญ่ย้ำความผูกพันเคียงข้างชุมชนและลูกค้า". THAIRATH Money. Retrieved 2026-01-17.
  3. ^ a b c "เส้นทาง 17 ปี "CJ Express" ก่อน IPO 2.5 หมื่นล้าน จากค้าปลีกภูธร สู่บิ๊กคอนวีเนียนสโตร์ - Brand Buffet". 2022-07-31. Retrieved 2026-01-17.
  4. ^ a b "เทียบฟอร์ม 'ร้านสะดวกซื้อ' ใต้ปีก 'เจ้าสัวไทย'". bangkokbiznews (in Thai). 2023-10-11. Retrieved 2026-01-17.
  5. ^ matichon (2025-12-01). "ยุคใหม่ค้าปลีก 'CJ MORE-KMITL' เตรียมผุด 'New Concept Store' แห่งแรก" (in Thai). Retrieved 2026-01-17.
  6. ^ "Carabao Founder's CJ Express Weighs $500 Million Thai IPO, Sources Say". Bloomberg News. December 1, 2022. Archived from the original on August 29, 2025. Retrieved 2026-01-17.
  7. ^ "Carabao Group and CJ Express Group recognized in Deloitte's prestigious Thailand's Best Managed Companies 2021 Awards". nationthailand. 2021-08-09. Retrieved 2026-01-17.
  8. ^ Jitpleecheep, Pitsinee (2017-07-29). "CJ Express eyes B4bn to grow". Bangkok Post. Retrieved 2026-01-17.