26 October 2018
The group has revised its five-year plan and now aims to spend US$44bn (KRW50tn) through 2023.
Significant investment in ecommerce
Of the total investment, 25% will go to retail to be spent on ecommerce infrastructure, logistics, big data and AI. Lotte plans to hire 70,000 workers during the five-year period, mainly in the ecommerce sector. This big investment to bring physical stores onlin...