Lotte readies South Korea's largest logistics hub in e-commerce push

Conglomerate invests in online market as bricks-and-mortar sales shrink

20220104N lotte logistics exterior MAIN

Lotte's new logistics hub, slated to open in January, will be the largest of its kind in South Korea. (Photo courtesy of Lotte)

KOTARO HOSOKAWA, Nikkei staff writer

SEOUL -- South Korean conglomerate Lotte Group will bring the country's largest distribution center online by the end of January, cutting shipping times to cope with an increasingly competitive e-commerce market.

The company built a 50-meter-tall facility on 140,000 sq. meters in Jincheon, roughly at the center of South Korea, to sort shipments from manufacturers and forward them to distribution centers nationwide.

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