Lotte HiMart Archives | Be Korea-savvy

Lotte Shopping Swings to Loss in 2017 due to THAAD Row

SEOUL, Feb. 8 (Korea Bizwire) — Lotte Shopping Co., the retail affiliate of South Korea’s fifth-largest conglomerate Lotte Group, said Thursday it swung to the red in 2017 from a year earlier amid a diplomatic row between Seoul and Beijing over the deployment of a U.S. anti-missile system here. Its losses reached 20.6 billion won [...]

Lotte HiMart to Sell High-end ‘Phantom 4’ Drone

SEOUL, March 24 (Korea Bizwire) – Lotte HiMart announced it will be selling the ‘Phantom 4’, a drone produced by DJI, in a first for a large domestic retailer. DJI, the No.1 global drone manufacturer with a share of more than 70 percent of the international private drone market, launched the Phantom 4 at the beginning of [...]