The Business Times
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Perromart’s Malaysian owner wants to make it the ‘Amazon of pet care services’

Petico sees the acquisition of the Singapore online pet retailer as a stepping stone to the rest of South-east Asia

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Tessa Oh

Tessa Oh

Published Wed, Apr 23, 2025 · 03:00 PM
    • Petico chief executive officer Daniel Choy says Perromart’s new cost structure allows it to be profitable even before sales recover fully to peak levels.
    • Petico chief executive officer Daniel Choy says Perromart’s new cost structure allows it to be profitable even before sales recover fully to peak levels. PHOTO: PETICO

    [SINGAPORE] Some might see the takeover of failed Singapore online pet retailer Perromart as a foolhardy move, but new owner Petico considers it a strategic step towards becoming South-east Asia’s premier pet care platform.

    “Our vision was always to become a pet care platform in South-east Asia. So (the acquisition) is our first baby step,” chief executive officer Daniel Choy told The Business Times in a recent interview.

    The goal is to be a one-stop platform offering not just pet products, but access to boarding, grooming and veterinary services as well as pet insurance.

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