IFC Invests in MR. D.I.Y. Thailand IPO to Boost Access to Affordable Home Improvement and Lifestyle Products and Drive Job Creation

Bangkok, Thailand, November 5, 2025 - To promote job creation and economic inclusion across Thailand, IFC has invested THB 455.7 million ($14 million) as an anchor investor in the initial public offering (IPO) of MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), a leading home improvement and lifestyle retailer with over 1,000 stores across the country.

MR. D.I.Y. Thailand plans to use proceeds from the IPO to grow its footprint, including opening at least 500 stores across Thailand over the next three years (2025-2027). The company currently has more than 12,000 employees, and the expansion is expected to create even more direct and indirect jobs, including in underserved secondary cities and rural areas of Thailand where modern retail options are limited. To ensure sufficient operational infrastructure, the company is also planning to expand its warehouse and distribution capacity to support this growth.

"The retail sector is a cornerstone of Thailand's economy, driving economic growth, employment, and private consumption," said Yuan Jane Xu, Country Manager for Thailand at IFC. "Retail also tends to be the largest sector in second-tier cities and rural areas in the country, providing income and employment where manufacturing and tourism are less developed. This makes it a critical contributor to regional development, improving urban-rural linkages and contributing to inclusive growth."

Mobilizing private capital to create more and better jobs is a top priority for IFC, and the retail sector is a major source of employment. It is also an easily accessible entry point to formal and semi-formal employment for new entrants to the workforce.