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Lotte Group
Lotte Group is a corporate group started by Zainichi Korean businessman Shin Kyuk-ho in South Korea on June 15, 1948, starting with the South Korea, South Korean Lotte Co., composed of Lotte Holdings, Lotte Holdings (Japan) and Lotte Corporation, Lotte Corporation (South Korea). Shin expanded Lotte to his ancestral country, South Korea, with the establishment of Lotte Confectionery in Seoul on April 3, 1967. Name The source of the company's name is neither Korean nor Japanese, or even Chinese, but German. Shin Kyuk-ho was impressed with Johann Wolfgang von Goethe's ''The Sorrows of Young Werther'' (1774) and named his newly founded company Lotte after the character Charlotte in the novel. ("Charlotte" is also the name of premium auditoriums in movie theatres run by Lotte.) Lotte's current marketing slogan in Japan is . Operations ''Lotte Corporation'' – is located in Songpa-gu, Seoul and Lotte Holdings, Lotte Holdings Co., Ltd. in Shinjuku, Tokyo. It is controlled by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shin Kyuk-ho
Shin Kyuk-ho (; 3 November 192119 January 2020), known in Japan as , was a Zainichi Korean businessman known for being the founder of the South Korean-Japanese conglomerate Lotte Corporation (Group), now one of the largest chaebols in South Korea. During the bubble economy of Japan from the 1980s to the 1990s, he became the fourth wealthiest person in the world according to American business magazine Forbes in 1988, setting the record for the greatest wealth ever achieved by a Korean. Driven by a lifelong desire to contribute to his homeland, South Korea (Republic of Korea), his dream of the Lotte World Tower, the sixth tallest building in the world and the highest in the Korean peninsula, was realized in 2016, and he died in 2020. Career Shin was born in Ulsan, Korea, Empire of Japan in 1921. He was the first of five sons and five daughters. Among his siblings was Shin Choon-ho, founder of South Korean food conglomerate Nongshim. In 1941, he stowed away on a ship to Japan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Hotels & Resorts
Lotte Hotels and Resorts is a South Korean luxury hotel chain operated by Lotte Hotel Co., Ltd., the hospitality arm of Lotte Corporation. The company was founded in May 1973. Starting with the opening of Lotte Hotel Seoul in 1979, luxury chain hotels opened in Jamsil, Busan, Jeju Island, and Ulsan. The first business hotel, Lotte City Hotel Mapo, opened in April 2009, and the first overseas chain, Lotte Hotel Moscow, opened in June 2010. On December 8, 2011, the second business hotel, Lotte City Hotel Gimpo Airport, opened within the Lotte Mall Gimpo Airport complex. History Lotte Group was originally established in Japan and expanded into South Korea with the establishment of Lotte Confectionery Co., Ltd in 1967. Lotte Group consists of over 60 business units in such diverse industries as candy manufacturing, beverages, hotels, fast food, retail, financial services, heavy chemicals, electronics, IT, construction, publishing, and entertainment. Lotte Hotels & Resorts was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Capital
Lotte Capital Co, Ltd. is a Korean financial company, established in 1995 with headquarters in Seoul. It is the financial services unit of Lotte Corporation. Lotte Capital Co., Ltd., headquartered in Seoul, South Korea, is a financial institution operating as a subsidiary of Lotte Group. Focused on credit financial services, the company provides a diverse array of offerings. These encompass private financing, leasing, installment financing, corporate financing, family loans, corporate loans, discount bills, factoring, and various other financial solutions. Affiliate Lotte Group In September 2020, Lotte Group has spent 290 billion won to purchase Doosan Solus Co. References External links * Capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ... Financial services c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte World
Lotte World or Lotte World Adventure () is a theme park and major recreation complex in Seoul, South Korea. Opened in July 1989, Lotte World consists of a large indoor theme park, an outdoor amusement park called "Magic Island", shopping malls, a luxury hotel, an observation tower, a Korean folk museum, sports facilities and movie theaters. Lotte World's sister theme park, Lotte World Adventure Busan, opened in March 2022. In 2023 Lotte World received 5.1 million visitors, making it the 23rd-most visited theme park in the world that year and the tenth-most visited in Asia. General information Lotte World is located in Sincheon-dong, Songpa District, Seoul, South Korea. It is made up of two main sections, the outdoor amusement park Magic Island, and Adventure (indoors). Lotte World is open all year long, without any holiday closings. Its operating hours are from 10 am to 9 pm. Depending on weather conditions (below 0 °C or above 30 °C, wind speed over 7~14m2, rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Duty Free
Lotte Duty Free (LDF; ), a duty-free division of Hotel Lotte, is a travel retailer headquartered in Seoul, South Korea. LDF is one of the largest travel retailers in the world alongside Dufry and DFS Group. Locations Lotte Duty Free operates more than 20 duty-free shops in seven territories, including Australia, Guam, Japan, South Korea, New Zealand, Singapore and Vietnam. South Korea * Main Downtown, Seoul * World Tower Downtown, Seoul * Busan Downtown, Busan * Jeju Downtown, Jeju * Gimpo Airport, Seoul * Gimhae Airport, Gimhae * Jeju Airport, Jeju Australia * Brisbane Airport * Darwin Airport * Melbourne Downtown * Melbourne Airport * Sydney Downtown Japan * Ginza Downtown, Tokyo * Kansai Airport, Osaka New Zealand * Wellington Airport Singapore * Changi Airport United States * Guam Airport Vietnam * Da Nang Downtown * Da Nang Airport * Nha Trang Airport * Hanoi Airport See also * List of duty-free shops This is a list of duty-free shops. A duty-free shop is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Rental
Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. Lotte was founded on 28 June 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 3 April 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. 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 Aust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Global Logistics
Lotte Logistics (Korean language, Korean: 롯데택배, formerly 현대택배) is a logistics and shipping company headquartered in Seoul, Korea, established in 1988. It is a subsidiary of Lotte Corporation. Lotte Logistics is known for its white trucks and also operates its own commercial vehicles. Major Korean competitors include Korean National Railroad (Korail), Hutchison Whampoa, Hanjin, Terzo Logistics, and Daehan Logistics. Historically, Hyundai only faced competition from Korail for the inexpensive ground-based delivery market. However, Hanjin and Daehan Logistics have expanded into the ground market by acquiring Shipyard Cargo Containing and RPS (originally Roadway Package System) and rebranded it as Hyundai Ground. In addition, all logistic acquired Korail and Hutchson Whampoa. Today Lotte Logistics offers ground, ocean and air transportation, rail and over-the-road freight products; international trade management; customs brokerage; consulting and supply chain design; e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Chemical
Lotte Chemical Corporation () is a chemical company headquartered in Seoul, South Korea. Lotte Chemical is one of the largest chemical companies in the world by revenue. Lotte Chemical manufactures synthetic resins and other chemical products used for various industrial materials. History Lotte Chemical was established as Honam Petrochemical in 1976 and became part of Lotte Group after three years. After being integrated into Lotte, the company acquired various companies for business expansion. In 2010, Honam took over Malaysia's Titan Chemicals for US$1.27 billion to expand its business to the Southeast Asian market. In 2012, Honam merged with KP Chemical and was renamed Lotte Chemical. Lotte Chemical acquired Samsung's chemical businesses, including Samsung SDI's chemical unit, Samsung Fine Chemicals, and Samsung BP Chemicals for 3 trillion won in 2016. Products Lotte Chemical produces ethylene, polyethylene, and polypropylene by using naphtha extracted from crude oil. Su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Cultureworks
Lotte Cultureworks () is a Republic of Korea company that houses Lotte Cinema () and Lotte Entertainment (). History Lotte Cultureworks originally began as Lotte Cinema, which was a division of Lotte Shopping, in 1999. In September 2003, Lotte Entertainment was created under Lotte Shopping to manage film production, distribution, investment, and international sales. In 2018, Lotte Corporation spun-off the entertainment branch from Lotte Shopping as Lotte Cultureworks, which houses both Lotte Cinema and Lotte Entertainment. Lotte Cinema operates 142 theaters in Korea, as well as 40 theaters in Vietnam. In 2014, Lotte Cinema World Tower opened to the public with 21 screens and 4,615 seats. Lotte Entertainment is the production, distribution and international sales division of Lotte Cultureworks. Lotte Entertainment is a sub-distributor of American film studio Paramount Pictures in Korea. In 2018, Lotte Cultureworks overtook CJ Entertainment to become the country's leading distrib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Hi-Mart
Lotte Hi-Mart () is a South Korean retailer of electronic goods. It was originally a unit of bankrupt Daewoo Electronics that founder Seon Jong-koo spun off in 1999. Hi-Mart is headquartered in Seoul. Hi-mart was taken over by Lotte Corporation on July 6, 2012. History Seon Jong-koo was formerly employed by Daewoo Electronics. When the company went bankrupt in 1999, he joined a spin-off company that became Hi-Mart. In June 2008, South Korean chaebol Eugene Group acquired 32.4% of Hi-Mart. in June 2010, the company went public. In July 2012, Lotte Corporation acquired a 65.3% of Hi-Mart for $1.1 billion. Hi-Mart operated 290 stores in Korea, controlling 35% of the market. The acquisition was maneuvered in the midst of a scandal about its founder and CEO, Seon Jong-koo, accused of embezzlement totaling $228 million. In April 2012, one witness jumped out his apartment's window after being questioned by Korea's justice about bribing Seon Jong-koo. In December 2014, Seon Jong-koo was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotte Shopping
Lotte Shopping Co., Ltd. (), a distribution unit of Lotte Group, is a multinational retailer headquartered in Seoul, South Korea. Founded in 1979, Lotte Shopping operates various retail stores, including department stores, outlet stores, hypermarkets, drug store chains, and e-commerce. It is also engaged in the film industry by holding the majority of its stake in Lotte Cultureworks. Businesses Lotte Shopping's primary business divisions and subsidiaries include: Business divisions * Lotte Department Store * Lotte Mart * Lotte Super Subsidiaries * Lotte Homeshopping * Lotte Cultureworks * Lotte Hi-Mart Lotte Shopping operates Korea's largest department store chain and the second-largest hypermarket chain in Korea. Lotte runs a home appliance retailer by acquiring Hi-Mart for 1.25 trillion won in 2012. Hi-Mart was the nation's top consumer electronics retailer, with 314 stores. Lotte Shopping also had the multiplex cinema chain Lotte Cinema Lotte Cinema () started as the Ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
