Lotte Corp - Company Profile
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Lotte Corp (Lotte) is a business conglomerate that conducts several businesses through its subsidiaries and affiliates. The company has a presence in food, retail, tourism, service, chemicals, construction, and finance sectors. Lotte operates shopping centers, supermarkets, hypermarkets, and online shopping malls. It manufactures chemical products, aluminum foil, household goods, corrugated cardboard boxes, showcases, and vending machines. Lotte and its subsidiaries manufacture beverages, liquor, food ingredients and processed foods. It also operates and manages hotels, duty-free shops, resorts, recreational parks and complexes, and multiplexes. The company has a business presence in South Korea, Russia, China, Japan, the US, India, and Southeast Asian countries. Lotte is headquartered in Seoul, South Korea.
Lotte Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Chemical Products | Payment Services | Lotte |
| Coffee | IT Services | Pepero |
| Soft Drinks | Rental Services | Chilsung Cider |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In November, Lotte On launched a new beauty brand, TwinWhale. |
| 2025 | Contracts/Agreements | In May, the company's LOTTE CultureWorks and Megabox signed an MOU for a merger. |
| 2025 | New Products/Services | In April, the company launched its new online grocery app, Lotte-Mart Zetta. |
Competitor Comparison
| Key Parameters | Lotte Corp | Walmart Inc | Tyson Foods Inc | LG Chem Ltd | John Lewis Partnership Plc |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | United States of America | South Korea | United Kingdom |
| City | Seoul | Bentonville | Springdale | Seoul | London |
| State/Province | Seoul | Arkansas | Arkansas | Seoul | England |
| No. of Employees | 279 | 2,100,000 | 116,000 | 14,280 | 48,100 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dong-bin Shin | Chairman; Co-Chief Executive Officer | Executive Board | 2017 | - |
| Jung-Uk Goh | Co-Chief Executive Officer; Vice Chairman; President | Executive Board | 2022 | - |
| Jun-Hyung RHO | President; Co-Chief Executive Officer | Senior Management | 2024 | - |
| Hae-Kyoung Kim | Director | Non Executive Board | 2022 | - |
| Young-kyung Seo | Director | Non Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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