Lotte Group was founded in Tokyo, Japan in 1948 as a food manufacturer and later developed in South Korea. There are hotels and department stores in South Korea. Now it is a globally renowned joint venture between Japan and South Korea. Lotte Group has two professional baseball teams, Chiba Rhodes Ocean and Rhodes Giants, in Japan and South Korea. Nowadays, Lotte Group's business has expanded to 9 countries around the world, including China, Japan, and South Korea, with over 30 listed and non listed companies.
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