About LG
LG is a company based in Seoul (South Korea) founded in 1947. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 182 employees as of December 31, 2024. LG has completed 2 acquisitions, including Bear Robotics and ZKW Group. LG offers products and services including Electronics, Chemical Solutions, and Energy Solutions.
- Headquarter Seoul, South Korea
- Employees 182 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Lg Corp
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Annual Revenue
$4.72 B (USD)6.3as on Dec 31, 2024
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Net Profit
$389.71 M (USD)-54.43as on Dec 31, 2024
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EBITDA
$638.41 M (USD)7.33as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
182
as on Dec 31, 2024
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Investments & Acquisitions
Bear Robotics
& 1 more
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IPO & Listings of LG
LG is a publicly listed company on the KRX with ticker symbol 003550 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.
Products & Services of LG
LG offers a comprehensive portfolio of products and services, including Electronics, Chemical Solutions, and Energy Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various electronic products are manufactured for global consumers.
Chemical products are developed for industrial and consumer use.
Energy storage and solutions are provided for sustainability.
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Funding Insights of 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 |
Investments & Acquisitions by LG
LG has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bear Robotics and ZKW Group. 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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AI-powered robots for autonomous food delivery in restaurants are provided.
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2017 | ||||
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Lights and electronic components are manufactured for automotive OEMs.
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1938 |
| 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 1947.
Where is LG located?
LG is headquartered in Seoul, South Korea.
Who is the current CEO of LG?
Kang Yu Sig is the current CEO of LG.
How many employees does LG have?
As of Dec 31, 2024, the latest employee count at LG is 182.
What is the annual revenue of LG?
Annual revenue of LG is $4.72B as on Dec 31, 2024.
What does LG do?
LG is established as a leading conglomerate with operations spanning multiple sectors including consumer electronics, chemicals, and energy solutions. Various subsidiaries such as LG Electronics, LG Chem, and LG Energy Solution are managed under its umbrella. Products and services are offered globally, focusing on innovation and sustainability. Commitment to ESG (Environmental, Social, Governance) strategies is emphasized through structured policies and performance reports. Operations are supported by research and development initiatives at facilities like LG Sciencepark.
What products or services does LG offer?
LG offers Electronics, Chemical Solutions, and Energy Solutions.
Is LG publicly traded?
Yes, LG is publicly traded on KRX under the ticker symbol 003550.
How many acquisitions has LG made?
LG has made 2 acquisitions, including Bear Robotics, and ZKW Group.
What is LG's ticker symbol?
The ticker symbol of LG is 003550 on KRX.
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