About LG
LG is a company based in Seoul (South Korea) founded in 1958.. The company has 35,730 employees as of December 31, 2024. LG has completed 7 acquisitions, including Alphonso, Athom and Cybellum.
- Headquarter Seoul, South Korea
- Employees 35730 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Lg Electronics Inc.
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IPO & Listings of LG
LG is a publicly listed company on the KRX with ticker symbol 066570 in South Korea, operating in the Consumer durables 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.
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Software Development Team
59 people
Sales and Marketing
51 people
Leadership Team
42 people
Product Management Team
36 people
Finance and Accounting
19 people
Legal and Compliance
12 people
Senior Team
10 people
Head Team
7 people
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Funding Insights of LG
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Post-IPO - LG | Valuation |
investors |
| 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 |
Investors in LG
LG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BlackRock. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LG
LG has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Alphonso, Athom and Cybellum. 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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SaaS cybersecurity solutions are delivered for the automotive sector.
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2015 | ||||
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Provider of home automation device
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2014 | ||||
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App-based solutions for home automation and device monitoring are offered.
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2014 |
| 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
| 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 Comparisons
Competitors of LG
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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
Frequently Asked Questions about LG
When was LG founded?
LG was founded in 1958 and raised its 1st funding round 60 years after it was founded.
Where is LG located?
LG is headquartered in Seoul, South Korea.
Who is the current CEO of LG?
Jo Seong-Jin is the current CEO of LG.
How many employees does LG have?
As of Dec 31, 2024, the latest employee count at LG is 35,730.
What is the annual revenue of LG?
Annual revenue of LG is $59.49B as on Dec 31, 2024.
What does LG do?
LG was founded in 1958 and is headquartered in Seoul, South Korea. Operations focus on the consumer electronics and home appliances sector, with products encompassing televisions, monitors, refrigerators, washing machines, air conditioners, vacuum cleaners, and mobile communications devices. A diverse portfolio also includes IT hardware and water purifiers. In 2022, annual revenues of 4.55 billion were recorded, alongside a net profit of 0.97 billion.
Is LG publicly traded?
Yes, LG is publicly traded on KRX under the ticker symbol 066570.
How many acquisitions has LG made?
Who are LG's investors?
LG has 1 investor. Key investors include BlackRock.
What is LG's ticker symbol?
The ticker symbol of LG is 066570 on KRX.
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