Maison Solutions Inc. Class A Common Stock
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jun Xu
- Full Time Employees
- 329
- Sector
- Consumer Defensive
- Industry
- Grocery Stores
- Address
- 127 N Garfield Avenue Monterey Park CA United States of America 91754
- IPO Date
- Oct 5, 2023
- CIK
- 0001892292
- Website
- maisonsolutionsinc.com
- Similar Companies
- Business
- Maison Solutions Inc. is a specialty grocery retailer operating in the United States, focusing primarily on traditional Asian food and merchandise targeted at Asian-American communities. The company offers a comprehensive range of products including perishable items such as fresh produce, meat, seafood, vegetables, and fruits, as well as non-perishable grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, snacks, liquor, cigarettes, lottery tickets, newspapers, reusable bags, non-food, and health products. Additionally, it provides general merchandise including beauty care, pharmacy products, and other related items through its physical stores and online platforms. The company operates several traditional retail supermarkets branded as HK Good Fortune and Lee Lee International Supermarket, mainly located in Southern California, and facilitates customer orders via mobile apps including Freshdeals24 and an integrated WeChat applet for home delivery or in-store pickup. Maison Solutions was incorporated in 2019 and is headquartered in Monterey Park, California. Recent major company developments include the April 2024 acquisition of Lee Lee International Supermarkets, which significantly expanded its retail footprint and contributed to strong financial performance, with fiscal 2025 revenues increasing 114% to $124.2 million. The company has pursued strategic initiatives such as establishing a Digital Asset Treasury by acquiring approximately 2.55 million Worldcoin (WLD) tokens to explore blockchain technology applications for global payment settlements, financial inclusion, identity-verified loyalty programs, and AI-resistant customer engagement. In 2025, Maison Solutions secured a distribution agreement with Guizhou Moutai Chiew to introduce luxury Chinese liquor to its California stores, enhancing its Asian sourcing initiatives. The company is also advancing renovation efforts at HK Good Fortune stores and exploring synergistic growth opportunities between California and Arizona locations, alongside targeting further mergers and acquisitions in the Midwest and Southwest U.S. to extend its market presence. John Xu serves as CEO, and the firm appointed Yaojun Lin as Chief Business Development Officer to drive long-term growth and organizational development. Maison Solutions operates within the consumer staples sector, specifically in the grocery retail industry, targeting niche demographic segments with culturally tailored Asian grocery products. The company integrates traditional Asian family values with the lifestyle preferences of younger generations in urban and suburban U.S. markets. It maintains a workforce of approximately 378 employees and positions itself as a fast-growing specialty retailer with a commitment to expand its center store and satellite locations network. The firm transitioned from its former name, Maison International, Inc., to Maison Solutions Inc. in September 2021, following its recent IPO on the Nasdaq in October 2023. Its growth strategy emphasizes technology integration, direct sourcing from Southeast Asia, and enhancing customer engagement through digital and physical retailing channels.
Company News
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