Lotte Group

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.

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

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

• Diversified conglomerate
• Food manufacturing
• Retail operations
• Hospitality services
• Chemical manufacturing

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. 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
2. Retail Operations: Mobile-accessible retail channels with diversified store formats including department stores, hypermarkets, supermarkets, convenience stores, and e-commerce platforms
3. 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
4. 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
5. 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

Core 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

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• The Salvation ArmycoreStrategic or Co-development Partner · 1 October 2024Lotte 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 AffairscoreStrategic or Co-development PartnerPartner organization for rural development initiatives including childbirth encouragement programs and disaster relief cooperation system.
• Korea Disaster Relief AssociationcoreStrategic or Co-development PartnerEstablished 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 KoreaminorStrategic or Co-development PartnerPartner for Mom's Happiness Playground project improving children's play environments across 30 locations nationwide.
• Good NeighborsminorStrategic or Co-development PartnerPartner for 'Your Shining Day' hygiene product support project for vulnerable female adolescents, reaching approximately 3,000 people.
• Green Umbrella Children's FoundationminorStrategic or Co-development PartnerPartner for Hi-Science Concert and Hi-Science Class science education programs reaching over 5,000 children since 2018.
• Korean Dental AssociationcoreStrategic or Co-development PartnerMonthly 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 KoreacoreStrategic or Co-development PartnerCo-hosting Super Blue Marathon annually since 2015, promoting disability awareness with 8,000 participants each year and cumulative 58,139 participants.
• LobroscoreTechnology or IntegrationRobotics 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 UniversitycoreTechnology or IntegrationAcademic partners for humanoid robot development and demonstration project with Lotte Global Logistics.
• KIND (Korea Overseas Infrastructure & Urban Development Corporation)coreStrategic or Co-development PartnerJoint 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

Broad 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

• YouTubeyoutube.com/user/LOTTELIVE
• Facebookfacebook.com/lotte
• Instagraminstagram.com/lottegroup.official

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries31 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lotte Group