Aboitiz Equity Ventures

Aboitiz Equity Ventures Inc.
FormerlyCebu Pan Asian Holdings
Company typePublic
PSE: AEV
FoundedSeptember 11, 1989; 35 years ago (1989-09-11)
Headquarters32nd Street. Bonifacio Global City, Taguig City. 1634 Metro Manila, Philippines,
Philippines
Key people
Revenue₱223.93 Billion PHP (2021)
₱27.31 Billion PHP (2021)
Total assets₱733.61 Billion PHP (2021)
Number of employees
285
Websiteaboitiz.com

Aboitiz Equity Ventures (AEV) is a Philippine holding company based in Metro Manila,[1] with roots from Cebu City.[2] The conglomerate operates in six major industries: Power, Banking and Financial Services, Food, Infrastructure, and Data Science and Artificial Intelligence.[3] In 2017, the company was ranked 1793rd on the Forbes Global 2000.[4] In 2022, AEV ventured into transforming its organization into a "Techglomerate" - a faster, stronger, and better version of a conglomerate.[5] A techglomerate can refer to a startup tech company that has grown into a conglomerate or a legacy conglomerate that has used technology and startup culture to radically transform the way it behaves and operates. AEV is the latter of the two.[6]

  1. ^ "Aboitiz | Contact Us". aboitiz.com. Retrieved December 5, 2022.
  2. ^ "Aboitiz Equity Ventures, Inc.: Private Company Information". Bloomberg. Retrieved December 17, 2017.
  3. ^ "Aboitiz | Aboitiz Equity Ventures Inc". aboitiz.com. Retrieved December 5, 2022.
  4. ^ "The World's Biggest Public Companies List". Forbes.com. May 24, 2017. Retrieved December 16, 2017.
  5. ^ Neil (July 26, 2022). "The birth of the Philippine 'techglomerate'". BusinessWorld Online. Retrieved December 6, 2022.
  6. ^ "Techglomerate In The Philippines". Aboitiz. Retrieved December 6, 2022.