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Lotte Shopping Partners with Ocado of Britain to Expand E-grocery Biz

Lotte Shopping Partners with Ocado of Britain to Expand E-grocery Biz

SEOUL, Nov. 1 (Korea Bizwire) — Lotte Shopping Co. said Tuesday it has partnered with Britain’s Ocado Group Plc., a leading online grocery tech platform provider, to strengthen its e-grocery business. Through the partnership, Lotte Shopping, the retail arm of South Korea’s fifth largest conglomerate Lotte Group, plans to invest around 1 trillion won (US$705.2 [...]