Search results for Delivery Hero
Games & Commerce
Naver says nothing decided on report of consortium bid to buy Baemin
Naver said on May 19 it has not made any specific decisions on a report that it is forming a consortium with Uber to acquire Delivery Hero-owned food delivery app Baedal Minjok, also known as Baemin. It said it is reviewing various options to strengthen business competitiveness and will make a follow-up disclosure when details are decided or by June 18. Reports said the firms joined a preliminary bid and floated an 8 trillion won offer.
Games & Commerce
Delivery Hero pushes 8 trillion won sale of Woowa Brothers
Germany\'s Delivery Hero has begun a process to sell Woowa Brothers, the operator of South Korean food delivery app Baedal Minjok, industry sources said on Wednesday. Delivery Hero is seeking about 8 trillion won, a level it said equals about 12 times Woowa Brothers\' average operating profit over the past two years. JPMorgan has distributed teaser letters to major domestic and global companies and some private equity funds.
Games & Commerce
Baemin runs reusable container campaign amid worries over shortages of disposable items
Baemin will launch a plastic reduction campaign from next month, promoting reusable containers and encouraging customers not to request disposable spoons and forks, it said on Monday. Operator Woowa Brothers said it planned the campaign to ease burdens on restaurant partners and cut single-use items, reflecting worries over price rises and supply shortages of disposable plastic containers and cutlery. It will expand reusable-container services and build smart packaging infrastructure outside the capital region.
