Baemin Archives | Page 2 of 2

Baemin CEO Pledges to Donate More than Half of His Assets

SEOUL, Feb. 18 (Korea Bizwire) — The CEO of South Korea’s top food delivery app operator, Woowa Brothers Corp., said Thursday that he will donate more than half of his wealth, estimated to be more than 1 trillion won (US$905 million). “My wife Bomi Sul and I hereby pledge that we will return more than [...]

Baemin Under Fire as Competition Heats Up in Food Delivery App Market

SEOUL, July 23 (Korea Bizwire) — South Korea’s food delivery app market has turned into a money game, putting the market leader Baedal Minjok – typically referred to as Baemin – in a crisis code. To expand their presence in the rapidly growing food delivery app market, latecomers, armed with abundant capital, are chasing the [...]