1. Startups

Lippo Group's John Riady Takes on the Conglomerate Investment in the Technology Landscape

Under John's leadership, the Lippo Group is passionate about developing the digital economy, including transforming the group as a whole.

this article is a part of DailySocial's Mastermind Series, featuring innovators and leaders in Indonesia's tech industry sharing their stories and point of view.

Based on a journal entitled, "The Conglomerate Corporation" published on the digital library JSTOR, Conglomerate is defined as a business corporation producing products or services of several industries that are unrelated with respect to raw material sources, product development, production technology, or marketing channels.

Lippo Group is one of Indonesia's largest and most diversified conglomerates. Dr. Mochtar Riady, Founder of the Lippo Group, transformed a small family business as a proprietor of a bicycle shop into one of Asia's leading conglomerates with an ever-expanding global footprint. It is now a strategic and active investment holding company with investments in property, malls, hospitals, school and university, supermarket and department stores, hotels, food retailing, banking, media, broadband internet, and digital technology.

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