Woowa Brothers Corp. Archives

Baedal Minjok Gets $36 Mil. Investment from Goldman Sachs

SEOUL, Nov.28 (Korea Bizwire) – Woowa Brothers Corp., the company providing the “Baedal Minjok(Nation of Delivery)” service with its smartphone app of the same name, has won investment of US$36 million from a consortium led by Goldman Sachs. Lee Jae-hyun, Goldman Sachs’ executive responsible for Korean investment, said that his company wants to be a partner of [...]

War of Food Delivery Apps Gets Under Way

SEOUL, Nov. 14 (Korea Bizwire) — Food delivery app service providers are waging a fierce battle surrounding how much they charge to food establishments. Recently, Yogiyo accused its rival Woowa Brothers Corp., the company providing the “Nation of Delivery” service of improper advertising to the Fair Trade Commission. In addition, it filed a complaint with the court [...]