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Baemin, Coupang Eats hit for 'inadequate' responses to soaring online orders

A 31-year-old college student surnamed Lee tried to order fried chicken through Baedal Minjok (Baemin), the countrys largest food delivery app, an hour before the Korea national football teams World Cup Match against Uruguay, Thursday night, but he couldnt because the app was not working for several hours.
Soult Ukpyolsi South Korea Gwanghwamun Square Kim Jae Heun Baedal Minjok World Cup Match

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Food delivery market competition heats up as Shinhan Bank, Naver enter fray

Competition has been heating up in the food delivery market with Shinhan Banks new โ€œTtaenggyeoyoโ€ service rapidly attracting customers and Naver launching a new delivery platform called โ€œN Deliveryโ€ in November, according to industry officials, Sunday. One of the countrys largest lenders, Shinhan Bank has already registered over 1 million customers for its service in the eight months since its launch in January. The company successfully increased its market share in such a short period o...
Kim Jae Heun Ttangyeoyo Courtesy Of Shinhan Bank Shinhan Bank Gangnam District Naver Map Coupang Eats

Coupang denies sale of its food delivery platform

Coupang, Koreas largest e-commerce company, has denied a recent media report that it was looking to sell its food delivery platform amid intensifying competition and market saturation, company officials said Monday. โ€œThe ongoing rumor that we are going to sell our business is not true. Also, we cannot comment on any issues related to M&A deals,โ€ a Coupang official said, dismissing the sale of Coupang Eats as a groundless rumor.
South Korea Kim Jae Heun Coupang Eats Baedal Minjok Mobile Index Coupang Eat

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