Lotte Group

Lotte Group
Native name
  • ロッテグループ
  • 롯데그룹
IndustryConfectionary, beverages, hotels, retail, construction, entertainment
FoundedAugust 15, 1948; 76 years ago (1948-08-15)
FounderShin Kyuk-ho
Areas served
Worldwide
Key people
Websitewww.lotte.co.jp
www.lotte.co.kr

Lotte Group is a corporate group started by Korean businessman Shin Kyuk-ho in Tokyo on June 28, 1948, starting with the Japanese Lotte Co., composed of Lotte Holdings (Japan) and Lotte Corporation (South Korea).[1][2] Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967.

  1. ^ "FTC names 59 chaebol to 2019 watch list". koreajoongangdaily.joins.com. 15 May 2019. Retrieved 21 March 2023.
  2. ^ Borad, Sanjay Bulaki (28 June 2021). "Chaebol – Meaning, Importance, Drawbacks, and More". eFinanceManagement. Retrieved 21 March 2023.