Company
South Korea's largest food delivery app, which takes restaurant orders from consumers and dispatches riders to fulfil them.
Baemin and Coupang Eats now deliver discount beauty goods in about 30 minutes, against 55 for Olive Young's fastest tier. Olive Young still posted a record 21.5% share in the first half, so the speed gap has not yet shown in its numbers.
Reality
Naver let its Naver Plus tie-up with Uber One expire after a year in which Uber's Korean monthly users climbed from 680,000 to 800,000 and slid back. The flat count points to Kakao T's grip on the market, though a split over Baemin gives the partners a second reason to part.
Reality
South Korea caught 1,132 foreign nationals working illegally as delivery riders between January and August, Justice Ministry data show. Audit testimony traced the gap to platform accounts that change hands with a single verification code, so the identity check covers the account holder and misses the rider.
Reality
Korea's largest delivery app says its model now clears 50% accuracy on arrival times, more than 1.7 times what restaurant owners managed typing the numbers in by hand. The old baseline was under 30%.
Reality
Bills before the National Assembly's National Policy Committee would cap food delivery commissions. The Seoul Economic Daily puts brokerage at about 7.8% of an order and calls riders' delivery charges the bigger cost to owners.
Reality