Lippo Group is an Indonesian multinational conglomerate company. The company operates internationally providing property development and management services. It was founded by

Mochtar Riady Mochtar Riady, (; born 12 May 1929) also known as Lie Mon Tie, is an Indonesian financial magnate and the founder and chairman emeritus of Lippo Group. He was born in Malang to a Chinese Indonesian family. At five months old, his parents took ...

. Lippo has a collective presence across Asia and North America. Lippo Group is one of the largest real estate developers in Indonesia, and is known for various large-scale projects such as Lippo Village. Lippo Group's members

Lippo Limited Lippo Limited () is a Hong Kong incorporated listed company. It is the parent company of Hongkong Chinese Limited (), () and Auric Pacific Group (), all listed companies. Founded by Indonesian Chinese Mochtar Riady, Lippo Limited was majority ow ...

, Lippo Karawaci are listed companies.

Company history

The Lippo Group began with Lippo Bank, later using this as a platform for regional property development projects. In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students. Lippo Group controls in excess of $15 billion in assets with significant investments in retail, media, real estate, banking, natural resources, hospitality, and healthcare industries. The group's flagship operating platforms include OUE Singapore, Lippo Karawaci Indonesia, Hypermart, Matahari, Siloam Hospitals Indonesia, First REIT, LMIR REIT, Auric Pacific, and Lippo Incheon Development.

Company group

* Multipolar ** Matahari Department Store ** Matahari Putra Prima ***

Hypermart Hypermart USA was a demonstrator project operated by Walmart in the 1980s and 1990s, which attempted to combine groceries and general merchandise under one roof at a substantial discount. The hypermart concept was modeled after earlier efforts ...

*** Foodmart *** SmartClub Metropolis *** Foodmart Primo *** Boston Health and Beauty *** Timezone *** Superoti ** Multipolar Technology ** Books & Beyond ** Visionet ** Multifiling Mitra Indonesia **

GTN GTN may refer to: * Gas Transmission Northwest * Gdańsk Scientific Society (Polish: ') * Genesis Television Network, in Cedar Hill, Texas * Gestational trophoblastic neoplasia * Glentanner Aerodrome, in New Zealand * Global Traffic Network, a traf ...

** Tecnoves International ** Sharestar Indonesia * Lippo Karawaci ** Lippo Cikarang **

Lippo Village Lippo Karawaci or Lippo Village is a multiracial community in Tangerang, 23 km west of Jakarta, Indonesia. The township is within the Jakarta metropolitan area. Previously a swamp area, it opened in 1993 and is today a benchmark for Indonesia' ...

** Lippo Land Club ** Lippo Malls *** Benton Junction *** Bellanova Country Mall ***

Cibubur Junction Cibubur is one of the five administrative villages (''kelurahan'') in Ciracas district (''kecamatan'') in East Jakarta, Jakarta, the capital of Indonesia. Cibubur is located in a strategic location, because it is between Jalan Raya Bogor an ...

*** Depok Town Square *** Lippo Plaza Bogor *** Gajahmada Plaza *** Grand Mall Bekasi *** Lippo Plaza Kramat Jati *** Lippo Mall Kemang *** Lippo Mall Puri *** Mal Lippo Cikarang *** Metropolis Town Square *** Plaza Semanggi ***

Pejaten Village Pejaten Village is a shopping and entertainment center with a family allotment located on Jalan Warung Jati Barat, Jati Padang, Pasar Minggu, Jakarta in Indonesia. It was built in 1991 as ''Pejaten Mall'' , but since 2007 the management as well as ...

*** Pluit Village *** PX Pavilion @ St. Moritz *** Tamini Square *** WTC Matahari *** Bandung Indah Plaza *** Istana Plaza *** City of Tomorrow *** Lippo Plaza Sidoarjo *** Lippo Plaza Kendari *** Malang Town Square *** Lippo Plaza Batu *** GTC Makassar *** Lippo Plaza Manado ***

Plaza Medan Fair A town square (or square, plaza, public square, city square, urban square, or ''piazza'') is an open public space, commonly found in the heart of a traditional town but not necessarily a true geometric square, used for community gatherings. ...

*** Grand Palladium *** Binjai Supermall *** Sun Plaza *** Palembang Square *** Palembang Square Extension *** Lippo Plaza Jakabaring *** Lippo Mall Yogya *** Lippo Plaza Jember *** Meikarta ** Lippo Homes ** Benton Junction **

Country Club A country club is a privately owned club, often with a membership quota and admittance by invitation or sponsorship, that generally offers both a variety of recreational sports and facilities for dining and entertaining. Typical athletic offe ...

** Permata Sport Club ** Maxx Coffee ** San Diego Hills Memorial Park ** Menara Matahari ** Atisa Dipamkara School ** Aryaduta Hotels **

Siloam Hospitals PT Siloam International Hospitals Tbk or Siloam Hospitals is a chain of healthcare facilities in Indonesia founded in 2008 by PT. Lippo Karawaci Tbk. It is a publicly listed company which is part of Lippo Group. History It was established on Au ...

** BeritaSatu Plaza *

Nobu Bank Nobu Hospitality, LLC is an American company founded by Nobu Matsuhisa, Robert De Niro, and Meir Teper in partnerships with Drew Nieporent as an Operator with Myriad Restaurant Group. Background In 1987, Nobu Matsuhisa moved to Los Angeles an ...

* Lippo General Insurance * Lippo Life * Maxx Coffee * Maxx Kitchen * Venturra Capital * Pelita Harapan Education Foundation **

Pelita Harapan University Pelita Harapan University ( id, Universitas Pelita Harapan, UPH) is a private Evangelical coeducational higher education institution run by the Pelita Harapan Education Foundation ( id, Yayasan Pendidikan Pelita Harapan) in Lippo Village, Tang ...

** Pelita Harapan School ** Dian Harapan School ** Lentera Harapan School

Former holdings

* Axis Telecom (formerly known as Lippo Telecom; sold to

Maxis Communications Maxis Communications or Maxis Berhad is a communications service provider in Malaysia. It is one of the oldest and largest telecommunications companies in the country. Headquartered in Kuala Lumpur, Malaysia, it provides a variety of communica ...

and

Saudi Telecom Company Saudi Telecommunication Company (stylized as stc) (Arabic: شركة إتصالات السعودية ) is the Saudi digital enabler of telecommunications services in the Kingdom of Saudi Arabia, and among the operators in the Middle East. The comp ...

; currently owned by

XL Axiata PT XL Axiata Tbk (formerly PT Excelcomindo Pratama Tbk), is an Indonesia-based mobile telecommunications services operator headquartered at Jakarta. It is the second largest mobile telecommunications company in Indonesia. The operator's coverag ...

) * Lippo Bank (merged into

Bank CIMB Niaga PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depos ...

) * Cinépolis Indonesia (formerly known as Cinemaxx; now owned by Cinépolis) * OVO (sold to Grab) * First Media (sold to

) * LinkNet (sold to

) * B Universe (spin-off)

References

{{Authority control Conglomerate companies of Indonesia Companies based in Jakarta Conglomerate companies established in 1950 Real estate companies established in 1950 Indonesian companies established in 1950

Company history

Company group

Former holdings

See also

References