It means "a gang of people", usually refers to those who commit crimes. As Fungo has pointed out, "團夥" is the traditional Chinese word, equivalent to the simplified Chinese word "团伙". The former one is usually used and can be seen in Hong Kong, Macao, Taiwan and many China Towns overseas whilst the latter is commonly used in mainland China and Singapore. By the way, the relation between the traditional Chinese word and the simplified Chinese word resembles the one between the British English and the American English, for example. You can write "color" in American English and you can also spell it into "colour" in the form of British English. However, its meaning and pronunciation remain consistent with one another.

It means a group of people, but it's usually used when it's a group of bad people, like criminals. Kind of like the English word "gang". :)

团伙 团伙的繁体字：團夥 团伙的拼音： tuán huǒ / tuanhuo　团伙的拼音简码：th 团伙的意思　团伙的解释 1.指刑事犯罪小集团。