LOTTE Corporation engages in the food, retail, chemical, construction, manufacturing, tourism, service, and finance businesses worldwide. It offers confectionery, beverages, liquor, food ingredients, and processed foods; coffee and coffee mixes, powdered drinks, food and beverage solution, and petcare products; manufactures, wholesales, and distributes soft drinks and alcoholic beverages; import and sells wine; and engages in restaurant franchise business. The company also operates department stores, grocery market, supermarkets, convenience stores, and home shopping networks; e-commerce platform; easy payment service; imports and sells clothing and general merchandise; retails consumer elec payment services; and operates multiplex movie theater. In addition, it manufactures and sells petrochemicals, aluminium anode foil, organic chemical, Acetic acid, VAM, hydrogen, office machinery, electronic instruments, synthetic resins, synthetic textiles, and by-products; imports and exports cameras, medical devices, projectors, and network cameras; and offers instant cameras, photobooks, photo solution services, digital printing devices, RFID and IoT solutions, etc. Further, the company engages in housing, architecture, civil engineering, and plant; construction; delivery, distribution/storage, shipping, forwarding, port operations, and consultation activities; rental of car and equipment; operation of resort condominium, Tourist hotel, and LOTTE World Tower and Mall, as well as theme parks; construction and management of golf course; Culture and arts business; social welfare activities; education consultancy; real estate development and financial consulting; owns a professional baseball team; and offers digital platform, travel, Lease financing, corporate, and individual loans. The company was formerly known as Lotte Confectionery Co. Ltd. and changed its name to LOTTE Corporation in October 2017. The company was founded in 1967 and is headquartered in Seoul, South Korea.