If you’re a fan of vaping, you’ve probably heard of Vape Empire. It’s a well-known brand that has been around for years, and it’s known for its high-quality e-liquids and vaping products. But have you ever wondered who owns Vape Empire? In this article, we’ll take a closer look at the company and its ownership.
Vape Empire was founded in 2013 in Puchong, Kuala Lumpur. The company started as a single vape shop and has since expanded to become a popular brand with retail stores and e-liquid exports. The founder of Vape Empire is Zachary Oh, who started his own e-liquid brand in 2014. Since then, the brand has grown in popularity, particularly in Indonesia where it exploded in 2014. Oh’s vision was to create a prominent player in the wholesale vaping market, and it’s safe to say that he has achieved that goal.
So who owns Vape Empire now? While it’s still owned by Zachary Oh, the company has also attracted the attention of investors. In 2019, Vape Empire received a significant investment from a private equity firm, indicating that the company is on a path to continued growth and success. As Vape Empire continues to expand, it will be interesting to see what the future holds for this popular vaping brand.
History of Vape Empire
Vape Empire was founded in 2013 by Zachary Oh, who is also the current CEO of the company. The company started as a small vape shop in Malaysia, and quickly expanded to become one of the leading vape retailers in the country.
In 2014, Vape Empire experienced its first major success in Indonesia, where the brand exploded in popularity. From there, the company started opening multiple retail stores in Malaysia, and then ventured into the UK and European market through its e-liquid brand, Empire Brew.
Today, Vape Empire has a strong presence in the vaping industry, with 15 employees and a revenue of $3.8 million (according to Datanyze). The company continues to expand its reach and offer high-quality vaping products to customers around the world.
One of the key factors behind Vape Empire’s success is its commitment to quality and innovation. The company is known for its premium e-liquids, which are made with the finest ingredients and undergo rigorous testing to ensure consistency and safety.
In addition to its e-liquids, Vape Empire also offers a wide range of vaping devices, accessories, and other products to meet the needs of all types of vapers. Whether you are a beginner or an experienced vaper, you can find everything you need at Vape Empire.
Overall, Vape Empire has come a long way since its humble beginnings in Malaysia. With its focus on quality, innovation, and customer satisfaction, the company is poised to continue growing and thriving in the competitive vaping industry.
If you’re wondering who currently owns Vape Empire, the answer is Zachary Oh. According to Datanyze, Zachary Oh is the CEO of Vape Empire, which he founded in 2013.
Vape Empire is a privately owned company, which means that Zachary Oh is the sole owner of the business. As a result, he has complete control over the company’s operations, direction, and decision-making processes.
It’s worth noting that Vape Empire is not affiliated with any other vaping companies or larger corporations. This means that the company is not owned by any tobacco companies or other entities in the vaping industry.
Overall, Vape Empire is a small, privately owned business that is run by its founder and CEO, Zachary Oh. This ownership structure gives Oh complete control over the company’s operations and direction, allowing him to make decisions that are in the best interest of the business and its customers.
Subsidiaries of Vape Empire
If you’re wondering who owns Vape Empire, you might be interested to know about its subsidiaries. Vape Empire has expanded its reach through several subsidiaries that cater to different aspects of the vaping industry. Here’s a brief look at two of its main subsidiaries:
Vape Empire Manufacturing
Vape Empire Manufacturing is a subsidiary of Vape Empire that specializes in producing high-quality e-liquids. They have a wide range of flavors and nicotine strengths, and their products are made using only the finest ingredients. Vape Empire Manufacturing is committed to providing vapers with a satisfying and enjoyable experience, and they take pride in their attention to detail.
One of the things that sets Vape Empire Manufacturing apart from other e-liquid companies is their dedication to research and development. They are constantly experimenting with new flavors and formulations, and they are always looking for ways to improve their products. If you’re looking for a premium e-liquid brand, Vape Empire Manufacturing is definitely worth checking out.
Vape Empire Distribution
Vape Empire Distribution is another subsidiary of Vape Empire that focuses on distribution. They are one of the leading vape distributors in the industry, and they have a wide range of products to offer. They work with retailers and vape shops to provide them with the products they need to serve their customers.
Vape Empire Distribution has a reputation for excellence, and they are known for their exceptional customer service. They are committed to building long-term relationships with their clients, and they go above and beyond to ensure their needs are met. If you’re a retailer or vape shop owner, Vape Empire Distribution is a great partner to have.
Overall, Vape Empire has built a strong presence in the vaping industry through its subsidiaries. Whether you’re a vaper looking for high-quality e-liquids or a retailer in need of reliable distribution, Vape Empire has you covered.
Impact of Ownership on Business Strategy
The ownership of a vape empire can have a significant impact on the overall business strategy. Here are a few ways that ownership can affect the direction of the company:
1. Business Model
The business model of a vape empire can be influenced by the type of ownership. For example, a privately owned vape shop may have more flexibility in terms of pricing and product selection, while a franchise may have to adhere to stricter guidelines set by the parent company.
2. Marketing Strategy
The marketing strategy of a vape empire can also be influenced by ownership. A company that is publicly traded may have to focus more on shareholder value, while a privately owned company may have more freedom to focus on long-term growth and customer satisfaction.
3. Expansion Plans
The ownership of a vape empire can also affect expansion plans. A company that is owned by a single individual or a small group of investors may be more cautious when it comes to expanding, while a publicly traded company may be more aggressive in pursuing growth opportunities.
4. Company Culture
Finally, ownership can also play a role in shaping the company culture of a vape empire. A company that is owned by a passionate entrepreneur may have a more innovative and dynamic culture, while a company that is owned by a larger corporation may have a more bureaucratic and hierarchical culture.
Overall, the ownership of a vape empire can have a significant impact on the direction and strategy of the company. Whether the company is privately owned, publicly traded, or a franchise, the ownership structure can influence everything from the business model to the company culture.
When it comes to the ownership of Vape Empire, there have been some controversies over the years. One of the most notable controversies was in 2015 when it was reported that the company was owned by a Chinese businessman who had ties to organized crime. However, these reports were later debunked, and it was revealed that the company was actually owned by a legitimate businessman with no criminal ties.
Despite this, there have been ongoing concerns about the ownership of Vape Empire. Some critics have raised questions about the company’s financial ties to the tobacco industry and whether this has influenced its business practices. However, there is no concrete evidence to support these claims.
It is important to note that Vape Empire has always maintained that it is an independent company with no ties to the tobacco industry. The company has also been transparent about its ownership structure, which includes a board of directors and a management team.
Overall, while there have been some controversies surrounding the ownership of Vape Empire, there is no evidence to suggest that the company is anything other than a legitimate, independent business. If you are a customer or potential customer of Vape Empire, you can feel confident that you are dealing with a reputable company.
Future Ownership Prospects
As of October 2023, the ownership of Vape Empire is not expected to change hands anytime soon. The current management team has not indicated any plans to sell the company or bring in new investors.
However, the vaping industry is constantly evolving, and it is possible that Vape Empire may attract interest from potential buyers or investors in the future. Should this happen, the company’s reputation for high-quality products and excellent customer service would likely make it an attractive acquisition target.
Another possibility is that Vape Empire may choose to expand its operations through strategic partnerships or acquisitions of its own. This could involve acquiring smaller vaping companies or partnering with other businesses to develop new products or expand into new markets.
Regardless of what the future holds, Vape Empire is well-positioned to continue thriving in the highly competitive vaping industry. The company’s commitment to innovation, quality, and customer service has earned it a loyal following among vaping enthusiasts, and its reputation as a leading player in the industry is likely to only grow stronger in the years to come.