SEOUL, Dec. 28 (Korea Bizwire) — South Korea’s antitrust regulator on Monday gave a conditional approval to a US$4 billion deal for Germany’s Delivery Hero (DH) to buy the country’s top food delivery app operator, Woowa Brothers. The Korea Fair Trade Commission (KFTC) said it granted the permission for the takeover on condition that DH [...]
SEOUL, Nov. 5 (Korea Bizwire) — Woowa Brothers Corp., the operator of South Korea’s top food delivery service app, Baedal Minjok, announced on Wednesday that it will develop a self-driving robot dedicated to food delivery service within apartment complexes. Woowa Brothers plans to complete the development of the self-driving delivery robot by the first half [...]
SEOUL, Aug. 7 (Korea Bizwire) — Dilly Tower, a self-driving robot currently under development by Woowa Brothers Corp., the operator of South Korea’s top food delivery application Baedal Minjok, or Baemin, will begin offering room service at hotels. Woowa Brothers said Friday it started a robot delivery room service at a hotel in Seoul’s Gwangjin [...]
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 [...]
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 [...]
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 [...]
SEOUL, March 20 (Korea Bizwire) — Woowa Brothers Corp., South Korea’s top food delivery app operator, said Friday it swung to an operating loss in 2019 despite a jump in sales. Its operating losses stood at 36.4 billion won (US$29.2 million) last year, a sharp turnaround from operating gains of 52.5 billion won a year [...]
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, 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, [...]
SEOUL, Dec. 31 (Korea Bizwire) — Woowa Brothers Corp., the operator of delivery app Baedal Minjok, completed a test drive of autonomous driving delivery robots at Konkuk University from December 18 to 25. The robots covered a distance of 1,250 kilometers during the test period, succeeding in delivering a total of 2,219 orders. Robots operating [...]