Delayed food deliveries and damage to food on the way to the homes of customers will soon be cause for compensation claims.
A consortium led by GS Retail will acquire a 100 percent stake in Delivery Hero Korea, operator of Korea’s second largest food delivery platform 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.
Delivery Hero is shutting Baedaltong, a food delivery service, next month.
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.
It was a long road for Delivery Hero in its acquisition of Woowa Brothers, which runs Korea's most popular food delivery app.
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.
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.
Delivery Hero Korea is jumping on the "dark store" bandwagon, opening a Yomart on Wednesday.
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.