SEOUL, Oct. 22 (Korea Bizwire) – In a parliamentary audit on October 21, Ham Yoon-sik, vice president of Woowa Brothers, defended his company’s controversial fee increases by pointing to similar moves by competitor Coupang Eats, highlighting growing tensions in South Korea’s competitive food delivery market. During the National Assembly’s political affairs committee audit of the Fair [...]
SEOUL, Sept. 27 (Korea Bizwire) – Woowa Brothers, the operator of South Korea’s popular food delivery app Baemin, is on track to top the list of workplace injury claims for the third year running, according to data released by the Korea Workers’ Compensation and Welfare Service. From January to August of this year, Woowa Brothers reported [...]
SEOUL, Jul. 24 (Korea Bizwire) – Baemin, the dominant player in South Korea’s food delivery market with over 60% market share, is facing intense scrutiny following its decision to increase service fees. Civic groups and small business associations have accused the company, also known as Woowa Brothers, of engaging in unfair practices. The government’s newly formed [...]
SEOUL, Oct. 31 (Korea Bizwire) – Woowa Brothers, the operators of Baedal Minjok, a prominent delivery service, announced on Monday their firm stance against fraudulent activities, including taking legal action against review manipulators. Review manipulation involves a restaurant paying someone to craft misleading reviews on the BaeMin app. These deceptive reviews are typically written by individuals [...]
SEOUL, March 31 (Korea Bizwire) – Woowa Brothers Corp., operator of the popular food delivery app Baedal Minjok, said Friday it shifted to a net profit in 2022 from a year earlier on increased demand for food delivery services during the pandemic. The delivery app operator swung to a net profit of 275.8 billion won [...]
SEOUL, Feb. 1 (Korea Bizwire) — Woowa Brothers Corp., the operator of food delivery app Baedal Minjok, said Wednesday it has established a new company to sell and develop server robots, as demand for automated services grows in South Korea. The subsidiary called B-Robotics is wholly-owned by Woowa Brothers. The move came amid growing demand [...]
SEOUL, April 12 (Korea Bizwire) — Food delivery app owner Woowa Brothers saw its sales nearly double in 2021 from a year earlier as the prolonged COVID-19 pandemic pushed up demand for food deliveries. Woowa Brothers posted 2.008 trillion won (US$1.62 billion) in sales on a consolidated basis last year from 1.033 trillion won a [...]
SEOUL, July 13 (Korea Bizwire) — Woowa Brothers Corp., South Korea’s top food delivery app operator, officially began offering its self-driving robot Dilly Tower at an apartment complex in Seoul’s Yeongdeungpo district on Monday. If a resident places an order via food delivery app Baedal Minjok, the delivery person loads the items onto the Dilly [...]
SEOUL, March 22 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. will join hands with Woowa Brothers, South Korea’s top food delivery app operator, to develop unmanned delivery robots. The three companies recently signed a memorandum of understanding to start a research and development (R&D) project on robotics mobility and distribution for delivery [...]
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 [...]