Cathay Photo bets on e-commerce to keep 66-year-old family business clicking
Its third-generation leadership hopes the SG Heritage Business scheme will provide guidance on operation and transformation
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[SINGAPORE] When Toh Mun Peng set up Cathay Photo in 1959, he served film enthusiasts from two counters in a shared shophouse space near the historic Cathay building.
Today, his grandchildren serve TikTok creators through e-commerce, taking Singapore’s oldest camera retailer into the digital age while preserving its founding values.
E-commerce currently makes up less than 10 per cent of Cathay Photo’s revenue, but this segment is growing by about 20 per cent each year – a trajectory that the family is betting on to future-proof the business.
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