About LG Uplus
LG Uplus is a company based in Seoul (South Korea) founded in 1996.. The company has 10,570 employees as of December 31, 2024. LG Uplus has completed 1 acquisition, including hello mobile. LG Uplus operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Seoul, South Korea
- Employees 10570 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Lg Uplus Corp
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Annual Revenue
$9.92 B (USD)1.76as on Dec 31, 2024
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Net Profit
$253.91 M (USD)-39.87as on Dec 31, 2024
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EBITDA
$2.39 B (USD)-1.19as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
10570
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of LG Uplus
LG Uplus is a publicly listed company on the KRX with ticker symbol 032640 in South Korea, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of LG Uplus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LG Uplus
LG Uplus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include hello mobile. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fiber-optic telecom, TV and camera/CCTV surveillance services provider
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LG Uplus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lg Uplus Comparisons
Competitors of LG Uplus
LG Uplus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lg Uplus
Frequently Asked Questions about LG Uplus
When was LG Uplus founded?
LG Uplus was founded in 1996.
Where is LG Uplus located?
LG Uplus is headquartered in Seoul, South Korea.
Who is the current CEO of LG Uplus?
Lee Sang Chul is the current CEO of LG Uplus.
How many employees does LG Uplus have?
As of Dec 31, 2024, the latest employee count at LG Uplus is 10,570.
What is the annual revenue of LG Uplus?
Annual revenue of LG Uplus is $9.92B as on Dec 31, 2024.
What does LG Uplus do?
LG Uplus was founded in 1996 and is headquartered in Seoul, South Korea, where telecommunications services are operated. Mobile communication, television broadcasting, and Internet of Things solutions are offered to customers across the region. In 2022, annual revenues of 10.76 billion were recorded, alongside a net profit of 0.51 billion. The company is led by CEO Lee Sang Chul, with operations centered on the domain uplus.co.kr.
Is LG Uplus publicly traded?
Yes, LG Uplus is publicly traded on KRX under the ticker symbol 032640.
How many acquisitions has LG Uplus made?
LG Uplus has made 1 acquisition, including hello mobile.
What is LG Uplus's ticker symbol?
The ticker symbol of LG Uplus is 032640 on KRX.
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