Who owns TopZone?
TopZone is owned by Mobile World (Vietnam, HOSE: MWG).[1][2][3]
Mobile World owns 86% of TopZone rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Công ty Cổ phần Đầu tư Thế Giới Di Động — Báo cáo thường niên 2025, Mobile World Investment Corporation, 26 March 2026. Last checked .
Key facts
- Current owner
- Mobile World Investment Corporation (86% stake) reported
- Owner HQ
- 🇻🇳 Vietnam, Ho Chi Minh City
- Origin
- 🇻🇳 Vietnam
- Founded
- 2021
- Category
- Retail › Specialty retail › Electronics retail
- Parent ticker
- HOSE: MWG
- Last verified
- · 3 sources
About TopZone
TopZone is a Vietnamese chain of shops that sell only Apple products: iPhone, iPad, MacBook, Apple Watch, AirPods and accessories. Mobile World launched it in 2021, and Apple recognises it as an Apple Authorized Reseller and Apple Premium Reseller. Mobile World calls it the largest Apple-only retail chain in Vietnam; it had more than 80 shops at the end of 2025 and 85 in the first quarter of 2026. The name is Mobile World's own.
Ownership timeline of TopZone
- Current owner Mobile World (86%) [1][2][3] reported Run by Điện Máy Xanh Investment JSC (DMX), 98.95% owned by MWG at 30 June 2026; after DMX's IPO in July 2026 MWG said it holds nearly 86%.
Where TopZone sits in Mobile World
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
- An Khang (99.99%)
- Bách Hóa Xanh (94.94%)
- Điện Máy Xanh (86%)
- Thế Giới Di Động (86%)
- TopZone (86%)
Open the full Mobile World ownership tree →
See the full Mobile World brand portfolio (5) →
Other brands owned by Mobile World
Mobile World controls 5 brands on Brandtree, 4 of them in retail.
Also in retail
- Bách Hóa Xanh (2015)
- Điện Máy Xanh (2010)
- Thế Giới Di Động (2004)
Other brands in electronics retail, and who owns them
The 16 brands in electronics retail on Brandtree belong to 8 owners. The largest is GameStop, with 4; Mobile World has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| EB Games | GameStop | 🇺🇸 United States |
| Best Buy | Best Buy | 🇺🇸 United States |
| HiFiCorp | Pepkor | 🇿🇦 South Africa |
| Power Buy | Central Retail | 🇹🇭 Thailand |
| Robinsons Appliances | Robinsons Retail | 🇵🇭 Philippines |
| Teknosa | Sabancı Holding | 🇹🇷 Turkey |
| hi | TFG | 🇿🇦 South Africa |
| GameStop | GameStop | 🇺🇸 United States |
About the owner: Mobile World
Mobile World is a publicly listed company headquartered in Ho Chi Minh City, Vietnam, founded in 2004. Brandtree records 5 brands under its control, and it is listed as HOSE: MWG.
Mobile World Investment Corporation is a Vietnamese retailer that runs the Thế Giới Di Động phone shops, the Điện Máy Xanh electronics and appliance stores, the Bách Hóa Xanh grocery chain and the An Khang pharmacies. Thế Giới Di Động was founded in March 2004 and opened its first phone shop in Ho Chi Minh City that October; MWG shares were listed on the Ho Chi Minh City Stock Exchange in July 2014. Consolidated net revenue was VND 155,928 billion in 2025, up 16%, from 6,225 stores at the year end, and the group had 64,727 employees. Its electronics arm, Điện Máy Xanh, was floated in July 2026.
Mobile World: full profile, brands and acquisition history →
🇻🇳 TopZone and other Vietnamese brands
Brandtree records a controlling owner for 67 brands that began in Vietnam. 12 of them (18%) are now controlled by a company headquartered in another country; TopZone is not one of them.
- 333 — ThaiBev 🇹🇭
- ARTA by PNJ — PNJ 🇻🇳
- Ba Vì — IDP 🇻🇳
- Bamboo Airways — Bamboo Airways 🇻🇳
- Bia Hà Nội — HABECO 🇻🇳
- CGV Vietnam — CJ CGV 🇰🇷
Frequently asked questions
Who is the parent company of TopZone?
The parent company of TopZone is Mobile World, a publicly listed company headquartered in Vietnam.
Is TopZone Vietnamese?
Yes. TopZone originated in Vietnam in 2021 and its owner, Mobile World, is also headquartered in Vietnam.
Is TopZone still owned by Mobile World?
Yes. As of 22 October 2026, TopZone is still owned by Mobile World (86% stake). The ownership record was last checked against primary sources on that date.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Công ty Cổ phần Đầu tư Thế Giới Di Động — Báo cáo thường niên 2025 — Mobile World Investment Corporation, Annual report, published 26 March 2026; retrieved 22 October 2026.
- [2] Mobile World Investment Corporation — reviewed consolidated interim financial statements for the six months to 30 June 2026 — Mobile World Investment Corporation, Stock exchange filing; retrieved 22 October 2026.
- [3] Dien May Xanh completes landmark IPO, raising more than VND 13,315 billion and lifting charter capital to VND 12,677 billion — Mobile World Investment Corporation, Official press release, published 1 July 2026; retrieved 22 October 2026.
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