Octopus Holdings Limited

Octopus Holdings Limited
Company typeJoint venture
FoundedHong Kong, (2005)
HeadquartersHong Kong
Key people
Sunny Cheung Yiu-tong, CEO
ProductsOctopus card
Websitehttp://www.octopus.com.hk

Octopus Holdings Limited (Chinese: 八達通控股公司) is a holding company based in Hong Kong jointly owned by five major transport companies in the city. Its subsidiaries, which are all wholly owned, operate the various functions of the Octopus card in both its commercial and non-commercial usage. In 2006, the company gained international recognition by winning the Chairman's Award of the World Information Technology and Services Alliance's 2006 Global IT Excellence Award for the Octopus card system.[1]

In January 2021, Bravo Transport, parent company of operators Citybus and New World First Bus, sold most of its stake in Octopus Holdings Limited to MTR Corporation, and the small remainder to another company.[2]

  1. ^ "WITSA Announces 2006 Global IT Excellence Award Winners". World Information Technology and Services Alliance. 2006-05-04. Archived from the original (DOC) on 2007-05-01. Retrieved 2007-07-12.
  2. ^ "Bravo Transport Agrees to Sell its Stake in Octopus to MTR Corporation" (PDF). Bravo Transport. 24 January 2022. Retrieved 25 January 2022.