Dumpling exports swelled almost 50 percent last year as the Covid-19 outbreak led to more dumpling eating at home around the world.
CJ CheilJedang’s net profit rose more than 300 percent in 2020 as it sold 1 trillion-won worth of Bibigo dumplings.
Lee Sun-ho, the son of CJ Group Chairman Lee Jay-hyun, returned to CJ CheilJedang on Monday, a year after he was caught trying to smuggle drugs.
CJ CheilJedang’s Bibigo sold 1 trillion won ($902 million) of mandu, or dumplings, this year.
CJ CheilJedang reported more than a thousand percent jump in consolidated on-year net profit in the third quarter on improved business.
Time was when kimchi was Korea’s most famous export — not anymore.
With worries about contracting coronavirus outside of their homes, more and more people have been opting to have their necessities delivered, such as frozen food and meal kits.