Lotte Group
Lotte Group is a South Korean conglomerate operating across food, retail, chemicals/construction/manufacturing, and tourism/services/finance, serving Korean consumers through 60+ subsidiaries including LOTTE Wellfood, LOTTE Mart, Korea Seven, LOTTE Department Store, and LOTTE Hotel, with international trading and expansion.
- Company typePrivate
- Founded1967
- HeadquartersSeoul, South Korea
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Lotte Group does
Lotte Group is a South Korean chaebol founded in 1967, headquartered in Seoul's Lotte World Tower, that operates across four major divisions: Food, Retail, Chemical/Construction/Manufacturing, and Tourism/Service/Finance. Its core product portfolio spans confections, beverages, liquor, and processed foods through LOTTE Wellfood, LOTTE Chilsung Beverage, LOTTE Liquor, and the LOTTE-Nestlé joint venture; multi-format retail through LOTTE Department Store, LOTTE Mart, LOTTE Super, Korea Seven (Seven-Eleven), LOTTE Hi-Mart, LOTTE Home Shopping, and LOTTE e-commerce; chemicals, construction, and manufacturing through LOTTE Chemical, LOTTE Fine Chemical, LOTTE MCC, and LOTTE E&C; and tourism, hospitality, and finance through LOTTE World, LOTTE Hotel, LOTTE Duty Free, LOTTE Cinema, LOTTE Capital, and Global Logistics. The group also operates LOTTE International, a trading business sourcing agricultural, livestock, and fisheries products globally through offices in the US, Vietnam, Australia, and Russia.
The company is investing in proprietary AI and robotics technology through LOTTE Innovate, including the i-Member AI platform (a VLA model foundation), the Roy (ROI) humanoid robot, the IGRIS-C bipedal walking robot for logistics, the AX Lab 3.0 future store concept, and the LotteGPT work assistant. Metaverse services include Virtual Store, Virtual Fitting Room, and Virtual Theater. Core technology assets include a granted VR Deep-Interactive patent demonstrated at CES 2022 and the Hidden Breath Fermentation method patented by the LOTTE Central Research Institute.
Revenue is generated through a combination of physical product sales (food, chemicals, electronics), retail transaction fees across department stores, hypermarkets, convenience stores, and e-commerce, subscription/recurring revenue in tourism and finance (hotels, theme parks, LOTTE Capital), and enterprise trading fees from the LOTTE International business. The customer base is primarily Korean mass-market consumers, supplemented by internal B2B supply flows to group subsidiaries. The investment-holding parent entity, Lotte Holdings (롯데지주 주식회사), was established in October 2017 through a split-merge restructuring. Chairman Shin Dong-bin leads the group, which targets becoming one of the top 10 companies in Asia and has committed to carbon neutrality by 2040.
Lotte Group firmographics
Firmographics- Name
- Lotte Group
- Legal name
- 롯데지주 주식회사
- Website
- https://lotte.co.kr
- Company type
- Private
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Lotte Group is a South Korean conglomerate operating across food, retail, chemicals/construction/manufacturing, and tourism/services/finance, serving Korean consumers through 60+ subsidiaries including LOTTE Wellfood, LOTTE Mart, Korea Seven, LOTTE Department Store, and LOTTE Hotel, with international trading and expansion.
- Ownership category
- akta.pro rank
Lotte Group industry classification
Industry- Product category
- Diversified Conglomerate Operations
- NAICS
- Other Specialty Food Retailers (44529), Warehouse Clubs, Supercenters, and Other General Merchandise Retailers (45521)
- SIC
- Food And Kindred Products (2000), Wholesale-Groceries & Related Products (5140), Retail-Variety Stores (5331)
- akta.pro primary industry
- Foodservice-Led Convenience Stores (QSR/Hot Food Focus) (CRAHABAH)
- akta.pro secondary industries
- Bulk & Case-Lot Food Retailers (Non-membership) (CRAHACAF), General Variety & Household Basics Stores (CRAGAJAH), Business Technology & Electronics Wholesale Clubs (B2B) (CRAEAEAF)
Keywords
Where Lotte Group is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices7 records
Markets served
Lotte Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Food Business: Korea's largest food business group providing confections, beverages, liquor, ingredients, processed food, and restaurants through subsidiaries including LOTTE Wellfood, LOTTE Chilsung Beverage, LOTTE Liquor, and LOTTE-Nestlé
- Retail Operations: Mobile-accessible retail channels with diversified store formats including department stores, hypermarkets, supermarkets, convenience stores, and e-commerce platforms
- Chemical/Construction/Manufacturing: Chemical manufacturing, construction, and industrial manufacturing operations including LOTTE Chemical, LOTTE Fine Chemical, LOTTE MCC, LOTTE E&C, and various specialty chemical subsidiaries
- Tourism/Service/Finance: World-class facilities and services including LOTTE World theme park, LOTTE Hotel, LOTTE Duty Free, LOTTE Cinema, LOTTE Capital financial services, and golf courses
- Trading/International Business: LOTTE International Trading business sourcing agricultural, livestock, and fisheries products globally and supplying to group distribution and food companies
Go-to-market motion1 record
Distribution channels8 records
Marketing channels6 records
Lotte Group product offering
Product offeringCore offering
Lotte Group is a diversified South Korean conglomerate that produces and sells food products (confections, beverages, liquor, processed foods, ingredients) and operates a broad retail network including department stores, hypermarkets, convenience stores, electronics stores, home shopping, and e-commerce platforms. The group also manufactures chemicals, aluminum, and biologics, and provides tourism and hospitality services through hotels, theme parks, duty-free shops, and cinemas.
Product overview
LOTTE Group is a diversified South Korean conglomerate operating across Food, Retail, Chemical/Construction/Manufacturing, and Tourism/Service/Finance sectors. The food portfolio includes confections, beverages, and processed foods under brands like LOTTE WellFood and LOTTE Chilsung Beverage. Retail operations span department stores (LOTTE Department Store), hypermarkets (LOTTE Mart), convenience stores (Seven-Eleven), electronics retail (LOTTE Hi-Mart), and home shopping/e-commerce. Manufacturing includes chemicals, construction, and aluminum. Tourism/hospitality encompasses LOTTE World theme park, LOTTE Hotel, LOTTE Duty Free, LOTTE Cinema, and logistics services. The company is also advancing into AI and robotics with its proprietary i-Member AI platform powering humanoid robots (Roy) for retail environments and bipedal walking robots (IGRIS-C) for logistics automation. Metaverse services include virtual stores, virtual fitting rooms, and virtual theaters.
Differentiator
Problem solved
Functional benefit
Brands
- Life Sprout (생명 틔움): Birth kit support program for rural areas addressing low birth rates
- Mom's Happiness Dream Attic (mom편한꿈다락)
- Youth Library (청춘책방)
- Super Blue Marathon
- Dr. Xylitol Bus (닥터자일리톨 버스)
- RE:JOICE
- Value for ESG (밸유 for ESG)
- Lotte Wellfood - MapleStory Collaboration
- Lotte Awards (롯데 어워즈)
Products and services
- Food Business Portfolio
- Retail Business Portfolio
- Chemical/Construction/Manufacturing Portfolio
- Tourism/Service/Finance Portfolio
- LOTTE Hotel Busan
- Daehong Communications
- LOTTE International Trading
- Seven Select 'Seumgyeol Tongshik Bread'
- LOTTE WellFood × Nexon 'MapleStory' Collaboration Snacks
- Lotte Metaverse Services
Quantifiable outcome
- Cumulative 300 rural households supported with birth kits through Life Sprout program
- +4 more outcomes
Companies that use Lotte Group
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Lotte Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature5 records
Lotte Group partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- The Salvation ArmycoreLotte Group partners with The Salvation Army to distribute 'Life Sprout' birth kits worth 60 million KRW to 300 rural households in Gyeongsang Province, supporting healthy childbirth and parenting in local communities.
- Korea Foundation for Cooperation of Large & Small Business, Rural AffairscorePartner organization for rural development initiatives including childbirth encouragement programs and disaster relief cooperation system.
- Korea Disaster Relief AssociationcoreEstablished emergency relief cooperation system with Korea Disaster Relief Association securing disaster relief funds and relief kits for swift on-site support during wildfires and heavy rainfall disasters.
- ChildFund KoreaminorPartner for Mom's Happiness Playground project improving children's play environments across 30 locations nationwide.
- Good NeighborsminorPartner for 'Your Shining Day' hygiene product support project for vulnerable female adolescents, reaching approximately 3,000 people.
- Green Umbrella Children's FoundationminorPartner for Hi-Science Concert and Hi-Science Class science education programs reaching over 5,000 children since 2018.
- Korean Dental AssociationcoreMonthly collaboration providing free dental services in medically underserved areas through Dr. Xylitol Bus campaign, treating cumulative 7,600+ patients by end of 2025.
- Special Olympics KoreacoreCo-hosting Super Blue Marathon annually since 2015, promoting disability awareness with 8,000 participants each year and cumulative 58,139 participants.
- LobroscoreRobotics company partner collaborating with Lotte Global Logistics and universities (Kwangwoon University, Kyung Hee University, Sogang University) on Korea's first national humanoid robot demonstration project.
- Kwangwoon University, Kyung Hee University, Sogang UniversitycoreAcademic partners for humanoid robot development and demonstration project with Lotte Global Logistics.
- KIND (Korea Overseas Infrastructure & Urban Development Corporation)coreJoint investment partner for overseas hotel development including acquisition of Kimpton Hotel Monaco in Chicago for L7 by Lotte Hotels brand expansion.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Lotte Group competitors and assessment
Company assessmentBroad incumbents
- Aeon Group: Japanese retail conglomerate with hypermarkets, convenience stores, and food manufacturing. Operates Minipstop and Aeon retail formats, providing a parallel Asian retail conglomerate model.
- Dooson Group: Korean conglomerate with construction, manufacturing, and retail holdings. Comparable chaebol structure with overlapping construction and consumer-facing operations.
Direct peers
- Seven & i Holdings: Parent of 7-Eleven, which is directly operated by Lotte in Korea through Korea Seven. Lotte Seven-Eleven partnership and parallel food/retail portfolio make Seven & i the closest global convenience store peer.
- Shinsegae Group: Korean retail conglomerate with E-mart hypermarkets, department stores, and food operations. Most direct competitor in Korean department store and hypermarket segments.
- Hanwha Group: Korean conglomerate with finance, retail, chemicals, and tourism businesses. Similar chaebol diversification strategy and listed-subsidiary structure with private holding parent.
- Hyundai Group: Korean conglomerate with diversified holdings spanning department stores, hotels, and construction. Comparable in scale and chaebol structure to Lotte Group.
- Samsung Group: Korean chaebol with similar diversified conglomerate structure spanning electronics, finance, construction, and consumer goods. Both are flagship Korean chaebols with global operations and family-controlled holding structures.
- SK Group: Major Korean conglomerate with parallel portfolio diversification across energy, chemicals, telecom, and semiconductors. Comparable chaebol governance model and international expansion focus.
- CJ Group: Korean conglomerate with overlapping food, retail, entertainment, and logistics businesses. CJ CheilJedang (food) and CJ ENM (entertainment) directly compete with Lotte's food and tourism segments.
- GS Group: Korean conglomerate operating in retail (GS25 convenience stores), energy, and construction. Direct overlap in convenience store/retail operations with comparison to Lotte's Korea Seven.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Lotte Group social profiles
Digital presenceLotte Group compliance and trust
Trust signalCompliance2 records
Lotte Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lotte Group leadership team
Management profileNumber of profiles
Profiles2 records
Lotte Group subsidiaries and ownership
Company hierarchySubsidiaries31 records
Lotte Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lotte Group M&A and investment
M&A and investmentM&A3 records
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lotte Group
What does Lotte Group do?
Lotte Group is a diversified South Korean conglomerate that produces and sells food products (confections, beverages, liquor, processed foods, ingredients) and operates a broad retail network including department stores, hypermarkets, convenience stores, electronics stores, home shopping, and e-commerce platforms. The group also manufactures chemicals, aluminum, and biologics, and provides tourism and hospitality services through hotels, theme parks, duty-free shops, and cinemas.
Is Lotte Group a public or private company?
Lotte Group is a private company. It is classified as family owned and is currently operating.
When was Lotte Group founded?
Lotte Group was founded in 1967. It employs 5,001 to 10,000 people.
Where is Lotte Group based?
Lotte Group is headquartered in Seoul, South Korea, in the Asia region.
How does Lotte Group make money?
Five revenue lines are on record. Food Business are the primary driver. The others are retail Operations, chemical/Construction/Manufacturing, tourism/Service/Finance and trading/International Business.
Who are Lotte Group's main competitors?
Broad incumbents on record are Aeon Group and Dooson Group. Direct peers are Seven & i Holdings, Shinsegae Group, Hanwha Group, Hyundai Group, Samsung Group, SK Group, CJ Group and GS Group.
Does Lotte Group have an API?
No public API is recorded for Lotte Group.
What industry is Lotte Group in?
Lotte Group's product category is Diversified Conglomerate Operations. Its primary akta.pro industry code is CRAHABAH, Foodservice-Led Convenience Stores (QSR/Hot Food Focus), with a secondary code of CRAHACAF, Bulk & Case-Lot Food Retailers (Non-membership). Its NAICS code is 44529 and its SIC code is 2000.