SEJONG, June 4 (Korea Bizwire) — South Korea will allow consumers to get foreign currencies via a no-contact delivery service if they change the Korean won into foreign currencies through a digital platform, Finance Minister Hong Nam-ki said Thursday. The move is part of the government’s efforts to ease regulations as it seeks to revive [...]
SEOUL, Feb. 14 (Korea Bizwire) — Woowa Brothers Corp., the operator of delivery app Baedal Minjok, said Thursday that it will introduce an artificial intelligence (AI) delivery service for the first time in South Korea. The company explained that the system will be launched in the Songpa and Gangdong districts in Seoul on February 27 [...]
SEOUL, Feb. 6 (Korea Bizwire) — Competition over delivery services in the convenience store industry is heating up. Convenience store chain GS25 recently launched delivery services at seven stores in Seoul in partnership with food delivery service Coupang Eats operated by e-commerce giant Coupang Inc. First of all, the company plans to implement delivery services [...]
SEOUL, Dec. 19 (Korea Bizwire) — Germany-based online delivery service provider Delivery Hero is forecast to take control of South Korea’s food delivery app market following its proposed megadeal to buy the country’s top food delivery app operator, Woowa Brothers Corp., industry data showed Thursday. On Friday, Delivery Hero announced that it will acquire an [...]
SEOUL, Oct. 11 (Korea Bizwire) — Recently, the food service industry has taken a new leap forward, with the convenience of online to offline delivery apps. However, critics are pointing out some of the side effects of fast-growing delivery service – employees who eat customers’ food and share tips for free meals, a serious matter. [...]
SEJONG, Jan. 31 (Korea Bizwire) – Early morning delivery service, while contributing to growth in annual sales of as much as 16 percent last year among South Korean online shopping malls, is also leading way to new social problems. The Ministry of Trade, Industry and Energy announced on Wednesday that major retailers saw sales increased by an [...]
SEOUL, Dec. 28 (Korea Bizwire) — Small business owners spend an average of 840,000 won (US$716) a month on online delivery service applications. Of the money spent, half of it is spent on advertising via the application. Business owners want half of what they are spending on the application, 200,000 won, for advertisements. This data [...]
SEOUL, Jul. 17 (Korea Bizwire) — Homepick, a joint venture by local energy giants SK Energy and GS Caltex to provide delivery service based on their network of gas stations, is defined by the following tagline: “We deliver within an hour if you’re home.” In the past, delivery service customers had to either wait at [...]
SEOUL, Jun. 19 (Korea Bizwire) — Kakao Corp., best known for its ubiquitous smartphone messaging app, is expanding its recent venture into the food delivery service. Having initiated delivery service for select franchise stores as a third-party in March of last year, Kakao has announced that it is expanding its delivery service to include all [...]
SEOUL, Feb. 1 (Korea Bizwire) — Major department stores have put a large number of delivery workers on standby for the Lunar New Year holiday later this month, expecting better business after adjustments to an anti-corruption law, retail industry sources said Thursday. The Lunar New Year falls on Feb. 16 this year, and department stores, [...]