ConglomerateRetail, Chemicals, Food
Lotte Group
롯데그룹
Retail, chemicals and food conglomerate with Asia-Pacific footprint.
CEO
Shin Dong-bin
Employees
80,000
Founded
1967
Last update
Sep 11, 2026, 09:03 PM GMT-3
Latest News
Economy
Lotte Shopping, KT, Hanwha Systems, LS and Kia Among Today's Key Corporate Filings
South Korea's stock exchange saw a fresh batch of major regulatory disclosures on September 11, with Lotte Shopping, KT, Hanwha Systems, LS and Kia among the listed companies reporting notable corporate and financial actions.
Global Business
Lotte Rental Finds New Owner as Lotte Group Sells Controlling Stake to US Private Equity Firm TPG
Lotte Group has agreed to sell a 61.17% controlling stake in Lotte Rental, South Korea's largest car rental company, to US private equity firm TPG in an all-cash deal worth about 1.31 trillion won ($925 million). The sale is part of a broader liquidity push as the group pivots toward biotech, chemicals and technology under Chairman Shin Dong-bin's 'New Lotte' strategy.
Timeline
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