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Competition, Regulation to Push Delivery Apps’ Service Fees Down

Competition, Regulation to Push Delivery Apps’ Service Fees Down

SEOUL, Jan. 15 (Korea Bizwire) — Amid controversy over the encroachment of sole proprietor small businesses by the rise of O2O (online to offline) business, it is expected that service fees of delivery apps, representing O2O business, will decrease over time. According to a report released by the KB Financial Group Research Institute, sales of [...]

Baedaltong Delivery App Gets Capital Infusion from German Distributor

Baedaltong Delivery App Gets Capital Infusion from German Distributor

SEOUL, Dec. 9 (Korea Biziwire) – Baedaltong, the third largest food delivery app by market share in Korea, has reportedly handed a large number of its shares over to German online distributor Delivery Hero. On December 8, Baedaltong announced that it recently accepted an investment of an undisclosed amount from the German firm, which became [...]

War of Food Delivery Apps Gets Under Way

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 [...]

[Kobiz Stats] Visitors to Korean Top3 Delivery Service Apps

[Kobiz Stats] Visitors to Korean Top3 Delivery Service Apps

[Related Article]  War of Food Delivery Apps (Korea Bizwire, April 11) Striving for supremacy in the 10-trillion-won food delivery market, two start-ups came to gripes.The one leading the competition is Woowa Brothers, the service provider of Korea’s No. 1 mobile food delivery application, “Baedal Minjok (the People of Delivery).” The challenger is RGP Korea founded by [...]

War of Food Delivery Apps

War of Food Delivery Apps

SEOUL, Korea, April 11 (Korea Bizwire) – Striving for supremacy in the 10-trillion-won food delivery market, two start-ups came to gripes. The one leading the competition is Woowa Brothers, the service provider of Korea’s No. 1 mobile food delivery application, “Baedal Minjok (the People of Delivery).” The challenger is RGP Korea founded by a German [...]