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 [...]
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 [...]
SEOUL, Dec. 11 (Korea Bizwire) — Hyundai Movex Co., a logistics system affiliate under Hyundai Group, said Tuesday it has forged ties with Woowa Brothers Corp. to develop a delivery robot that can move between floors. Hyundai Movex said it signed a memorandum of understanding with the South Korean startup that operates the popular food [...]
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 [...]