Tag: delivery hero

delivery hero

Latest News

Delivery Hero seeks to sell operator of food delivery platform Baemin: Sources

German online delivery platform Delivery Hero is seeking to sell Woowa Brothers, the operator of Korea's largest food delivery app Baedal Minjok, also known as Baemin, industry sources said on Thursday.

2026.5.14

Baedal Minjok and Yogiyo riders deliver food in Jongno District, central Seoul on Dec. 29. [NEWS1]

Food delivery apps will soon be liable for delays and damage

Delayed food deliveries and damage to food on the way to the homes of customers will soon be cause for compensation claims.

2021.8.19

Most popular

A Yogiyo food delivery passes by restaurants in Gangnam District, southern Seoul during lunch hour last December. [YONHAP]

Delivery Hero gets more time to sell Yogiyo

The Fair Trade Commission on Thursday said it would extend the deadline on the sale of Yogiyo to Jan. 2 as current circumstances made it difficult to meet the initial deadline of Aug. 2.

2021.7.22

Baedaltong informing users of its business closure next month on its website. [SCREEN CAPTURE]

Delivery Hero closing Baedaltong food delivery

Delivery Hero is shutting Baedaltong, a food delivery service, next month.

2021.5.20

Baedal Minjok motorcycles lined up in Songpa where the developer Woowa Brothers' headquarters is located in March 2021. Germany's Delivery investment in buying Baemin was the biggest FDI in the first quarter of this year. [YONHAP]

FDI pledges shoot up 44.7% in first quarter

Despite the Covid-19 pandemic, foreign direct investment in the first quarter of this year saw a significant increase, adding to growing anticipation of a robust economic recovery.

2021.4.5

Baedal Minjok and Yogiyo riders are seen working in Jongno, central Seoul on Dec. 29. [NEWS1]

Delivery Hero and the game of monopoly

It was a long road for Delivery Hero in its acquisition of Woowa Brothers, which runs Korea's most popular food delivery app.

2021.1.4

Motorcycles used to deliver food ordered on Yogiyo are parked in front of a restaurant in Seoul. [YONHAP]

Food delivery monopoly ordered dismantled by the FTC

The Fair Trade Commission (FTC) Monday issued conditional approval for the acquisition of Baedal Minjok by Berlin’s Delivery Hero, but only if it sells off Yogiyo first.

2020.11.16

FTC to rule on Woowa Brothers acquisition in December

Korea's antitrust regulator plans to decide next month whether to approve a $4 billion deal by Germany's Delivery Hero to acquire Korea's top food delivery app operator, Woowa Brothers, officials said Tuesday.

2020.11.10

The Yogiyo app, which allows for ordering from the Yomart dark store. [DELIVERY HERO KOREA]

Yomart dark store opens for Yogiyo delivery and pickup

Delivery Hero Korea is jumping on the "dark store" bandwagon, opening a Yomart on Wednesday.

2020.9.16

Profit-shifting multinationals are the latest NTS targets

etflix and Delivery Hero, which acquired Baedal Minjok last year, are being investigated by the National Tax Service (NTS) for tax evasion as the authorities look into transfer pricing schemes and other methods used to shift profits.

2020.8.27