(Lotte) was founded in 1948 in Tokyo, Japan by Mr. Shigemitsu Takeo (Korean name: Singh Ho), a Korean-Japanese man, who later expanded his business to Korea and founded Rakuten Korea. The website is the official website of Rakuten Group in Korea. Korea Lotte Group to and hotels as the main, its business scope covers food, department stores, entertainment, finance, chemicals and many other fields.