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Extreme precipitation (EP) has become increasingly frequent and is causing more devastating impacts on society in recent years. EP is traditionally measured by the maximum or threshold-exceeding gridded precipitation of a given duration. We have developed an extreme precipitation event (EPE) algorithm that tracks entire precipitation life cycle across space and time, which enables us to characterize properties of the entire EPE, such as duration (from sub-daily to multi-day), areal coverage, and total rain volume of the event. These EPE characteristics are critical in understanding precipitation development and their interaction with large-scale meteorology, in addition, providing more comprehensive matrix for disaster management. This study examines the EPE characteristics from the tropics derived from high-resolution Integrated Multi-satellitE Retrievals fro GPM (IMERG) product. The difference between EPE characteristics between tropical land and ocean will be discussed. Large-scale meteorological control as well as convective aggregation will be studied on the impact of EPE characteristics in tropics.