LOTTE Corporation engages in the food, retail, tourism, chemical, construction, and finance businesses worldwide. It offers candies, biscuits, ice cream, beverages, liquor, and coffee; manufactures, wholesales, and retails soft drinks; produces and sells dairy products, and processed milk and meat products; and produces and sells alcoholic beverages, including soju, beer, whiskey, wine, and refined rice wine. The company also operates department stores, hypermarkets, supermarkets, discount stores, convenience stores, health and beauty stores, home shopping networks, and duty free shops; retails apparel; wholesales and sells consumer electronics; and offers integrated membership and easy payment services. In addition, it manufactures and sells processed aluminium, soft packaging materials, beverage cans, and PET bottles; offers synthetic resins, synthetic textiles, and by-products; manufactures and sells office equipment, medical devices, network cameras, etc.; constructs and manages golf courses; and provides amusement park services. Further, the company engages in car rental and equipment rental, resort condominium, tourist hotel, and social welfare businesses; provides lease financing, and corporate and individual loans; owns a professional baseball team; offers electronic financial services and education consulting services. LOTTE Corporation 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.