Lotte Co., Ltd. is a multinational food, chemicals and shopping corporation with headquarters in South Korea and Japan. Lotte was first established in June 1948 in Tokyo, by Takeo Shigemitsu (aka.Shin Kyuk-Ho). With the money he earned in Japan, Shin expanded to his home country, South Korea with the establishment of Lotte Confectionary Co., Ltd in Seoul on April 3, 1967.
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