SM City Cebu, also known locally as SM Mabolo, is a large shopping mall located in Mabolo, Cebu City, Philippines. It is the 4th shopping mall owned and developed by SM Prime Holdings, the country's largest shopping mall owner and developer. It is the company's first shopping mall outside Metro Manila. It has a land area of 18 hectares (44 acres) and a gross floor area of 268,000 m2 (2,880,000 ft2).

More than 150,000 people visit SM City Cebu daily, with the figure reaching 180,000 to 200,000 on weekends. Due to Cebu City's position as a transshipment point for the Visayas and Mindanao, and the mall's location close to the city's port area, the mall attracts a significant number of transient shoppers.