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SK Telecom to Develop Delivery Robot Service Using 5G Tech

SK Telecom to Develop Delivery Robot Service Using 5G Tech

SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Tuesday it has partnered with the country’s top delivery operator Woowa Brothers Corp. to develop a robot delivery service using 5G technology. The two companies signed an agreement to introduce SK Telecom’s 5G mobile edge computing (MEC) technology into Woowa [...]

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

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 [...]

LG Electronics to Develop Service Robot Solutions with Local Partners by Nov.

LG Electronics to Develop Service Robot Solutions with Local Partners by Nov.

SEOUL, June 12 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliance maker, said Friday that it will develop service robot solutions with local partners by November. LG said it will join forces with Woowa Brothers Corp., South Korea’s top food delivery app operator, and Korea Institute for Robot Industry Advancement to develop [...]

Controversy Looms over Delivery Hero’s Proposed Takeover of Woowa

Controversy Looms over Delivery Hero’s Proposed Takeover of Woowa

SEOUL, Jan. 9 (Korea Bizwire) — A US$4 billion deal by Germany’s Delivery Hero to acquire South Korea’s largest food delivery app operator, Woowa Brothers, has stirred up controversy here, as some politicians and small merchants have raised concerns about the monopoly status the merged entity will have if the deal is approved. For years, [...]

Delivery Hero Buys Food Delivery App Baemin in US$4 bln Deal

Delivery Hero Buys Food Delivery App Baemin in US$4 bln Deal

SEOUL, Dec. 13 (Korea Bizwire) — Germany-based company Delivery Hero has agreed to buy South Korea’s top food delivery app operator, Woowa Brothers Corp., for US$4 billion, industry officials said Friday. The German firm, which also has second-biggest delivery player Yogiyo under its wing, will acquire an 87 percent stake in Woowa Borthers, operators of [...]

Animal Activists Protest Event that “Makes Fun” of Chicken Deaths

Animal Activists Protest Event that “Makes Fun” of Chicken Deaths

SEOUL, Jul. 26 (Korea Bizwire) — Animal activists who on Sunday crashed the venue of an ongoing “chicken certification event” held by Woowa Brothers, operators of a delivery service app, held a demonstration in front of the company’s head office in Songpa-gu, Seoul, yesterday, pressing the company to stop “making fun of the deaths of [...]