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 Lie Mo Tie (; born 12 May 1929) 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 him to his ...

. 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 Boston is the capital and most populous city in the Commonwealth of Massachusetts in the United States. The city serves as the cultural and financial center of New England, a region of the Northeastern United States. It has an area of and a ...

*** Timezone *** Superoti ** Multipolar Technology **

Books & Beyond A book is a structured presentation of recorded information, primarily verbal and graphical, through a medium. Originally physical, electronic books and audiobooks are now existent. Physical books are objects that contain printed material, mo ...

** 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 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 No ...

** Lippo Malls ***

Benton Junction Benton may refer to: Places Canada *Benton, a local service district south of Woodstock, New Brunswick * Benton, Newfoundland and Labrador United Kingdom * Benton, Devon, near Bratton Fleming * Benton, Tyne and Wear United States *Benton, Alaba ...

*** Bellanova Country Mall *** Cibubur Junction ***

Depok Town Square Depok ( Sundanese: ᮓᮨᮕᮧᮊ᮪) is a landlocked city in West Java province. It is located directly south of Jakarta, it is the third largest urban centre in the Greater Jakarta metropolitan area after Jakarta and Bekasi and it has an area ...

*** 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 St Moritz Penthouse and Residences is an integrated development, which consists of six apartment towers, office tower, five star hotel ( JW Marriot), 2 shopping centers (Lippo Mall Puri and Living Plaza Puri), school, hospital, country club and co ...

***

Mal Lippo Cikarang Mal or MAL may refer to: Places * Mal (community development block), in Jalpaiguri district of West Bengal, India * Mal (Vidhan Sabha constituency), an assembly constituency in Jalpaiguri district of West Bengal, India * Malbazar or Mal, a tow ...

*** 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 WTC may stand for: Buildings *Warrenton Training Center, a classified U.S. government complex in Virginia, United States *World Trade Center *Wortham Theater Center, performing arts center in Houston, Texas, United States Arts, entertainment, a ...

*** Bandung Indah Plaza *** Istana Plaza ***

City of Tomorrow A city is a human settlement of a substantial size. The term "city" has different meanings around the world and in some places the settlement can be very small. Even where the term is limited to larger settlements, there is no universally agree ...

*** Lippo Plaza Sidoarjo *** Lippo Plaza Kendari ***

Malang Town Square Malang (; , ), historically known as Tumapel, is an inland List of regencies and cities of Indonesia, city in the Indonesian Provinces of Indonesia, province of East Java. It has a history dating back to the age of the Singhasari, Singhasari K ...

*** Lippo Plaza Batu *** GTC Makassar *** Lippo Plaza Manado *** Plaza Medan Fair *** Grand Palladium *** Sun Plaza ***

Palembang Square Palembang (, Palembang: ''Pelémbang'', Mandarin: 巨港 (Jùgǎng), Hokkien: 舊港 (Kū-káng), Jawi: ) is the capital city of the Indonesian province of South Sumatra. The city proper covers on both banks of the Musi River in the easte ...

*** 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 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 No ...

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 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 No ...

Lippo Life 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 No ...

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 Sekolah Pelita Harapan (SPH) is a group of five Independent school, private for-profit Christian international schools located around Jakarta metropolitan area, Greater Jakarta, Indonesia. SPH has five campuses in Lippo Village, Tangerang for Ea ...

** 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 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 OVO may refer to: * ''OVO'' (album), by Peter Gabriel, 2000 *OvO (band), an Italian rock band *Ovo (Cirque du Soleil), a touring Cirque du Soleil show * OVO (payment service), an Indonesian digital payment and fintech company * OVO (video encyclope ...

(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