Company Profile

Company Profile

Taiwan's leading online retail brand, momo.com consists mainly of its e-commerce portals momoshop, TV and catalogue shopping channels. Its brand vision-“Every matter, matters to momo”- reflects the Company's determination to make momo the top shopping choice among local consumers by satisfying all of customer's needs, big and small, backed by momo's four core values – integrity, sincerity, professionalism and innovation.
Founded in September 2004, momo.com began trading on the Taiwan Stock Exchange in December 2014. Today, it has served more than 10 million member-customers and continues to grow steadily. Momo.com has been at the forefront of adapting to rapid change in the industry by moving aggressively into new fields; in 2014 it launched new mobile shopping apps. Anticipating the logistics explosion, it opened an automated logistics facility in 2017 and initiated a “short-chain” logistics campaign a year later focused on providing faster home deliveries. In 2019, momo.com delved deeper into the membership with its first co-branded momo credit card, creating new opportunities for membership services. Wholly owned subsidiaries Fu Sheng Logistics Transportation Co., Ltd. and MFS Co., Ltd. were set up a year later to further expand momo's logistics services and assortment of products. In 2021, the “momo ecosystem” project was initiated to optimize member services. In 2022, momo has set a new milestone in Taiwan's e-commerce industry with revenue of NT$100 billion, accelerated the sustainable development layout, and aspired to become“Taiwan's No.1 green e-commerce.”

Milestone

Beyond its business interests, momo. com launched a sustainable living blueprint in 2019 consisting of five major strategies:“Partnerships matter,”“Customers matter,” “Environment matter,”“Employees matter,”and “Society matter.” To address climate change, the Company assessed its risks and opportunities through the TCFD framework in 2020 and generated a climate risk matrix in 2021, helping strengthen its ability to cope with climate change issues. In 2022, the Science Based Targets (SBT) has been introduced, and it will join the ranks of“net zero carbon emissions” by 2050. These moves all reflect momo's aspiration to lead the industry on sustainability through its own practices.

ESG