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.svg){kind=logo} Logo used since 2017 | |
Native name |
|
|---|---|
| Company type | Public |
| KRX: 004990 | |
| Industry | Conglomerate |
| Founded | March 24, 1967 |
| Founder | Shin Kyuk-ho |
| Headquarters | Songpa District, Seoul, South Korea |
Areas served | Worldwide |
Key people |
|
| Subsidiaries | |
| Korean name | |
| Hangul | 롯데그룹 |
| Revised Romanization | Rotdegeurup |
| McCune–Reischauer | Rottegŭrup, Rotte-kŭrup |
| Website | www.lotte.co.kr |
Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea.[1] Lotte was founded on June 28, 1948, by Korean businessman Shin Kyuk-ho in Tokyo. Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.
Lotte Corporation consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, industrial chemicals, electronics, IT, construction, publishing, and entertainment.[2] Lotte runs additional businesses in China, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Uzbekistan, India, the United States, the United Kingdom, Kazakhstan, Russia, the Philippines, Myanmar, Pakistan, Poland (Lotte bought Poland's largest candy company Wedel from Kraft Foods in June 2010), Australia and New Zealand (Lotte successfully bought 4 duty-free stores in Australia and 1 in New Zealand from JR/Group in 2019[3]).
- ^ "Chaebol rankings seesaw over 2 decades". Yonhap. Retrieved 19 December 2017.
- ^ "Lotte Group founder Shin Kyuk-ho dies at age 99". Yonhap News Agency. 19 January 2020.
- ^ "Lotte Duty Free expands into Australia and New Zealand". Inside Retail. 26 March 2019. Retrieved 15 February 2021.