If the two merge, their combined number of screens will surpass industry leader CJ CGV, which has 1,346. According to the Korean Film Council (KOFIC), Lotte Cinema had 915 screens and Megabox had ...

JoongAng Group and retail behemoth Lotte Group have inked a blockbuster deal that promises to dramatically reshape South Korea‘s theatrical landscape. The media and retail giants signed a ...

In a move that could reshape the South Korea exhibition landscape, the country’s respective second- and third-largest exhibitors — Lotte Cinema and Megabox — are set to merge. Today ...

Nestlé and Lotte Wellfood are to wind down their joint venture in South Korea. Lotte-Nestlé Korea, set up more than a decade ago, will cease operations in the first quarter of next year ...

Nestlé and Lotte Wellfood are to wind down their joint venture in South Korea. Lotte-Nestlé Korea, set up more than a decade ago, will cease operations in the first quarter of next year, according to ...

Lotte Group secured over 60 billion won in liquidity by selling the ATM business division of Korea Seven, which operates Seven-Eleven convenience stores (formerly Lotte P&S Net). Korea Seven ...

The Board of Directors of Lotte Chemical Corporation (LCC Korea), the majority shareholder of Lotte Chemical Pakistan Limited (LCPL), has entered into a Share Purchase Agreement (SPA) to sell the ...

KARACHI: Lotte Chemical Corporation, South Korea, has decided to sell its 75.01 percent stake in Lotte Chemical Pakistan Limited as part of its business restructuring. “The board of directors of ...

Lotte Mart will create a special section for Korean products in Japanese shopping malls in collaboration with the Korea International Trade Association. Aiming to open a local store between June ...

Arbitrum, the largest layer-2 network on top of Ethereum, plans to deepen ties with Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls ...

Lotte Corp, the holding company of one of South Korea’s biggest conglomerates, said Thursday that some bonds issued by its affiliate Lotte Chemical may fail to meet interest coverage ratio ...