Lotte Group is a South Korean multinational conglomerate founded in 1967 by Shinjiro Torii. The company operates in various sectors, including food and beverages, retail, tourism, and chemicals. Lotte is well-known for its popular products like Lotte Choco Pie and its extensive network of department stores and shopping malls. The group has a significant presence in both South Korea and Japan, with numerous subsidiaries and joint ventures. Lotte's commitment to innovation and quality has helped it become one of the largest companies in Asia, contributing to its reputation as a leading player in the global market.