Comapny Tpye: Brand Owner (ODM)
Main products: Women's Blouses, Women's Trousers, Women's Dresses
Report Creation Date: 2026-02-14
Roadget Business Pte. Ltd. is a Singapore-incorporated entity operating as SHEIN’s official beauty and lifestyle e-commerce arm, headquartered at Marina Bay Financial Centre Tower 3 in Singapore. Though registered in Singapore, its procurement operations are heavily anchored in Vietnam — accounting for 95.5% of all trade activity — with near-total reliance on Vietnamese garment suppliers. The company functions as a brand owner (ODM), orchestrating end-to-end design, sourcing, and digital retail distribution. A sharp surge in transaction volume occurred between June–August 2025, peaking at 628,161 units in August 2025, signaling accelerated supply chain scaling ahead of key seasonal demand.
| Field | Value |
|---|---|
| Company Name | Roadget Business Pte. Ltd. |
| Data Source | Bloomberg, Dun & Bradstreet, Customs Transaction Database |
| Country of Registration | Singapore |
| Registered Address | 12 Marina Boulevard #15-01, Marina Bay Financial Centre Tower 3, Singapore 018982 |
| Primary Products | Women’s woven & knitted tops, dresses, trousers, and intimate apparel (HS 6204/6206/6104/6109/6114 series) |
| Company Type | Brand Owner (ODM) |
Data interpretation reveals extreme temporal concentration: over 87% of total transactions (by count) occurred in the 6-month window from May to October 2025, with August 2025 alone contributing 22% of all recorded activity. This reflects a pronounced ramp-up phase aligned with Q3/Q4 fashion seasonality and SHEIN’s global inventory build-up cycle. The near-absence of activity before 2023 and sporadic low-volume trades in early 2023 suggest operational consolidation into this single legal vehicle post-2022. A strong seasonal acceleration signal is evident — with no meaningful activity before Q2 2025, the explosive growth implies recent strategic reorganization rather than organic evolution.
| Month | Transaction Count | Transaction Volume |
|---|---|---|
| 2025-08 | 1,329 | 628,161 |
| 2025-10 | 1,231 | 386,225 |
| 2025-09 | 703 | 303,219 |
| 2025-07 | 639 | 268,512 |
| 2025-06 | 494 | 272,876 |
| 2025-11 | 662 | 173,045 |
| 2025-04 | 260 | 171,084 |
| 2025-05 | 270 | 155,937 |
| 2025-12 | 2 | 867 |
| 2025-01 | 12 | 30,245 |
Data interpretation shows overwhelming supplier concentration in Vietnam: the top 5 partners — all Vietnamese garment manufacturers — collectively account for 89.4% of all transaction counts, with the top two alone contributing 70.9%. All active partners (status = 'New' or 'Maintained') are Vietnamese; all non-Vietnamese partners (Turkey, Mexico, Panama) are classified as 'Lost', with last activity dating back to mid-2023. This signals a decisive, irreversible geographic pivot toward Vietnam-based manufacturing — likely driven by cost efficiency, lead-time optimization, and SHEIN’s vertically integrated sourcing model. Vietnam has become the exclusive operational core — any deviation from this geography now represents legacy or discontinued sourcing.
| Supplier Name | Country | Transaction Count | Share |
|---|---|---|---|
| Công Ty TNHH Joy Vina Fashion | Vietnam | 1,635 | 41.37% |
| Công Ty TNHH Thời Trang Đăng Minh Phát | Vietnam | 1,168 | 29.55% |
| Công Ty TNHH A First Vina | Vietnam | 290 | 7.34% |
| Công Ty TNHH Thương Mại JX | Vietnam | 285 | 7.21% |
| Công Ty TNHH Yinifu Trang Phục | Vietnam | 275 | 6.96% |
| EVON Sai Depolama Hizmetleri ve Ticaret Limited Şirketi | Turkey | 138 | 3.49% |
| RedSteel SA de CV | Mexico | 95 | 2.40% |
| Công Ty CP May và Thương Mại Quốc Tế Indico | Vietnam | 26 | 0.66% |
| Modium Konfeksiyon Sanayi ve Ticaret Anonim Şirketi | Turkey | 21 | 0.53% |
| Công Ty TNHH Hưng Thịnh Global | Vietnam | 11 | 0.28% |
Data interpretation highlights high functional homogeneity across top HS codes: all 20 fall under Chapters 61 (knitted apparel) and 62 (woven apparel), with 17 of 20 representing women’s upper-body and full-body garments (e.g., blouses, dresses, trousers). The dominance of HS 62114390 (other women’s woven garments), 62064000 (women’s blouses), and 61143090 (other women’s knitted garments) confirms a standardized, fast-fashion product architecture focused on versatility, rapid turnover, and size/variant scalability. No accessories, footwear, or non-apparel categories appear — reinforcing strict category discipline. Product portfolio is tightly scoped to core women’s apparel — with zero diversification signals across HS chapters or functional categories.
| HS Code | Description | Transaction Count | Share |
|---|---|---|---|
| 62114390 | Other women’s woven garments | 660 | 11.25% |
| 62064000 | Women’s blouses, woven | 655 | 11.17% |
| 61143090 | Other women’s knitted garments | 637 | 10.86% |
| 62044300 | Women’s trousers, woven | 544 | 9.28% |
| 61099030 | Women’s T-shirts, knitted | 486 | 8.29% |
| 62046300 | Women’s shorts, woven | 471 | 8.03% |
| 61044300 | Women’s trousers, knitted | 395 | 6.73% |
| 61046300 | Women’s shorts, knitted | 363 | 6.19% |
| 61103000 | Women’s pullovers, knitted | 291 | 4.96% |
| 62045300 | Women’s skirts, woven | 138 | 2.35% |
Data interpretation confirms Vietnam’s role as the singular operational hub: it accounts for 95.5% of all transaction counts and hosts every currently active supplier. All other regions — Turkey (2.71%), Mexico (1.62%), Panama (0.14%) — show only historical, discontinued engagement, with last activity occurring in 2023. The complete absence of new trade relationships outside Vietnam since 2024 underscores a deliberate, consolidated regional strategy — not a diversified sourcing footprint. Vietnam is not just dominant — it is functionally the only active region in the current operational model.
| Region | Transaction Count | Share | Last Activity | Status |
|---|---|---|---|---|
| Vietnam | 5,603 | 95.53% | 2025-12-09 | Maintained |
| Turkey | 159 | 2.71% | 2023-06-22 | Lost |
| Mexico | 95 | 1.62% | 2023-11-21 | Lost |
| Panama | 8 | 0.14% | 2023-05-09 | Lost |
Data interpretation indicates that export port data is fully obsolete: both listed ports — Muratbey (Turkey) and Manzanillo (Mexico) — are marked “Lost”, with last activity in mid-2023. No active ports appear in the dataset, suggesting either a shift to FOB Vietnam (with ports like Ho Chi Minh City or Da Nang not captured in this customs feed), or reliance on air freight/digital fulfillment bypassing traditional maritime port reporting. The 0% representation of Vietnamese ports in top-20 lists is statistically significant and points to a structural gap in data coverage — not operational reality. No currently active port is visible in the dataset — indicating a likely reporting mismatch or mode shift (e.g., air vs. sea).
| Port | Transaction Count | Share | Last Activity | Status |
|---|---|---|---|---|
| Muratbey | 159 | 62.6% | 2023-06-22 | Lost |
| Manzanillo | 95 | 37.4% | 2023-11-21 | Lost |
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