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

Lippo Karawaci 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's ...

are listed companies.

Company history

The Lippo Group began with

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

, 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 China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

) 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 (or Walmart's Hypermart USA after 1990) 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 hypermarket, ...

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

Lippo Cikarang Lippo Cikarang is an independent township, which is being developed by PT Lippo Cikarang Tbk, a subsidiary of Lippo Group. The township is located at the eastern corridor of Jakarta at Cikarang, West Java, Indonesia. The township has land area of ...

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's ...

** Lippo Land Club ** Lippo Malls *** Benton Junction *** Bellanova Country Mall *** Cibubur Junction *** Depok Town Square *** Lippo Plaza Bogor *** Gajahmada Plaza *** Grand Mall Bekasi *** Lippo Plaza Kramat Jati *** Lippo Mall Kemang ***

Lippo Mall Nusantara Lippo Mall Nusantara (LMN) (formerly known as the Plaza Semanggi (Plangi)) is a commercial complex located adjacent with the Semanggi Interchange in South Jakarta, Indonesia. It includes the 8-floor shopping mall, an auditorium named Balai Sarbin ...

*** Lippo Mall Puri *** Mal Lippo Cikarang *** Metropolis Town Square ***

Pluit Village Pluit Village is a shopping center located on Jl. Pluit Indah Raya, Pluit, Penjaringan, North Jakarta, Indonesia. Built on an area of with lakeside view, Pluit village is a shopping center which was previously known as Mega Mall Pluit. Then in 2 ...

*** 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 *** Grand Palladium *** Sun Plaza *** Palembang Square *** Palembang Square Extension ***

Lippo Plaza Jakabaring Lippo Group is an Indonesian multinational corporation, multinational Conglomerate (company), conglomerate company. The company operates internationally providing property development and management services. It was founded by Mochtar Riady. Li ...

*** Lippo Mall Yogya *** Lippo Plaza Jember *** Meikarta ** Lippo Homes ** Benton Junction **

Country Club A country club is a privately-owned Club (organization), 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. Ty ...

** Permata Sport Club **

Maxx Coffee Maxx may refer to: * MAXX (public transport brand), a public transport brand in Auckland, New Zealand * MAXX, one of hotel brands of H World International * Maxx (eurodance act), a German-based eurodance music project from the 1990s * '' Maxxx (TV ...

** San Diego Hills Memorial Park **

Menara Matahari Menara Matahari (Indonesian for "Matahari Tower") is a 41-storey, -high commercial office and residential skyscraper located at Palem Raya Boulevard 7 in Lippo Karawaci, Tangerang, Indonesia. Description Menara Matahari is located directly next ...

** 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 3 Au ...

Commodity Square In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The p ...

* Nobu Bank * Lippo General Insurance * Lippo Life *

Maxx Kitchen Maxx may refer to: * MAXX (public transport brand), a public transport brand in Auckland, New Zealand * MAXX, one of hotel brands of H World International * Maxx (eurodance act), a German-based eurodance music project from the 1990s * ''Maxxx (TV ...

* Venturra Capital * Pelita Harapan Education Foundation **

Pelita Harapan University Pelita Harapan University () abbreviated as UPH, is a private Reformed Evangelical coeducational higher education institution run by the Pelita Harapan Education Foundation () in Lippo Village, Tangerang, Banten, Indonesia. It was founde ...

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

Former holdings

Axis Telecom Axis (stylized in all caps as AXIS) is an Indonesian cellular brand licensing service operated by XLSmart, a company jointly owned by Axiata and Sinar Mas. It provides 2G, 3G, 4G, and BlackBerry services nationwide and covers the world throug ...

(formerly known as Lippo Telecom; sold to

Maxis Communications Maxis Berhad (Trade name, doing business as Maxis) 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 varie ...

and

Saudi Telecom Company The Saudi Telecom Company (shortened to stc; ), trading as STC Group provides ICT services in the Kingdom of Saudi Arabia, across the Middle East and Europe. The group offers landline and fixed infrastructure, mobile and data services, and br ...

; currently owned by

XL Axiata PT XLSmart Telecom Sejahtera Tbk (stylized in all-caps as XLSMART), formerly PT Excelcomindo Pratama Tbk and PT XL Axiata Tbk, is an Indonesian mobile telecommunications services operator headquartered at Jakarta, jointly owned by Malaysia-bas ...

) *

(merged into Bank CIMB Niaga) * Cinépolis Indonesia (formerly known as Cinemaxx; now owned by Cinépolis) * OVO (sold to Grab) * First Media (sold to

) * LinkNet (sold to

) *

B Universe B, or b, is the second letter of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''bee'' (pronounced ), plural ''bees''. It represent ...

(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 Multinational companies headquartered in Indonesia

Company history

Company group

Former holdings

See also

References