| Mobile Web

Search results for brokerage fees

Finance

Shinhan Bank expands Ddaenggyeoyo service through public delivery app cooperation with Incheon

Shinhan Bank said on Tuesday it signed a business agreement with Incheon to operate Ddaenggyeoyo under a public-private partnership public delivery app. The bank plans to link local merchants and customers and improve the environment for using local currency to support the regional economy. The platform offers low brokerage fees of around 2 percent, fast settlement and discount benefits. It will add Incheon local currency payments and provide up to 200,000 won to new merchants, along with related promotions and products.

Telecommunications & Media

Woowa Brothers expands franchise partnerships amid \'Baemin Only\' controversy

Woowa Brothers, operator of South Korean delivery app Baedal Minjok (Baemin), is stepping up partnerships with franchise brands as debate continues over its exclusive listing model, \'Baemin Only\'. The company signed an MOU with Jangs Food, operator of 60gye Chicken and Stella Tteokbokki, covering ads, promotions, exclusive new menu launches and pickup. The industry sees a shift toward broader, more flexible cooperation after controversy and friction with franchisees.

AI & Enterprise

Baemin, Coupang Eats face rising profitability burden amid market share battle

South Korea\'s food delivery platforms are stepping up competition to secure users, increasing pressure on profitability. Baemin and Coupang Eats are expanding discount promotions, hiring riders and rolling out new services, while related spending rises. Data show Baemin retains the lead in monthly active users, with Coupang Eats narrowing the gap and Yogiyo shrinking. Companies are also pushing commerce and quick commerce initiatives to diversify revenue and bolster earnings.