MOMO COM Business Summary

MOMO COM INC (8454.TW) is Taiwan’s leading virtual retailer, primarily generating revenue through its business-to-consumer (B2C) e-commerce platform, momoshop, supplemented by television shopping and catalog mail-order services. The company’s operations are divided into two primary reporting segments: the E-commerce division, which contributes over 90% of total revenue, and the Multimedia business division, which manages the Fubon momo TV channels and catalog sales. Beyond retail, the company leverages its platform to offer travel services and insurance brokerage. Within the regional market, MOMO COM INC holds the top position in Taiwan's B2C e-commerce landscape, maintaining a significant lead over primary competitors such as PChome Online, Shopee, and the South Korean giant Coupang. Founded in 2004 as part of the Fubon Group, the company is led by Chairman Daniel M. Tsai, who also serves as Chairman of Fubon Group and Taiwan Mobile. The day-to-day operations are directed by President and Executive Director Jeff Ku, a telecommunications veteran and former Chief Business Officer at Taiwan Mobile. The leadership team is further supported by Vice President of Finance Gina Lu, Senior Vice President of EC Sales Jeremy Hong, and Robinson Lin, who serves as the Vice President of Logistics Technology and Chief Information Security Officer. Major institutional shareholders include Taiwan Mobile (45.01%), TECO Electric & Machinery (10.53%), and Lotte Shopping (7.92%), with the board of directors featuring notable industry figures such as Jamie Lin, the President of Taiwan Mobile.