South Korea’s food delivery giants face antitrust scrutiny amid rising fees



Analysis South Korea’s food delivery giants face antitrust scrutiny amid rising fees Baemin, Coupang Eats and Yogiyo investigated for unfair practices as restaurant owners struggle with increased costs Amber RoosNovember 7, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON An illustration of a smartphone displaying a food delivery app in front of restaurants in the background \| Image: Korea Pro The COVID-19 pandemic sparked explosive growth in South Korea’s food delivery industry, with platforms like Baedal Minjok (Baemin), Coupang Eats, and Yogiyo quickly becoming essential services for consumers and restaurants alike. Together, these three platforms control 96% of South Korea’s food delivery market. The COVID-19 pandemic sparked explosive growth in South Korea’s food delivery industry, with platforms like Baedal Minjok (Baemin), Coupang Eats, and Yogiyo quickly becoming essential services for consumers and restaurants alike. Together, these three platforms control 96% of South Korea’s food delivery market. Get 30 days of free access to KoreaPro Full access to all analysis The KOREA PRO newsletter, every business day Daily analysis on the top story of the day The ability to suggest topics for coverage by our specialist team Be smart about South Korea Get full access to expert analysis and opinion. Start now No charges during your trial. Cancel anytime. A paid subscription will start after 30 days. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Briefing Start your day with the South Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily Briefing. LATEST ANALYSIS 01South Korea’s women-only universities weigh co-education as enrollments decline 02South Korea targets semiconductor self-reliance for national defense 03Employment for married South Korean women hits record but Devil is in details 04Trump’s return forces South Korea’s defense industry to adapt to new realities 05Lee Jae-myung verdict disrupts South Korea’s opposition party and 2027 election 06South Korea grapples with how to stymie crypto-fueled drug trade 07Science vs. Humanities: Why South Korean students switch their academic tracks 08How pro-Russian hackers took down South Korea websites over support for Ukraine

Analysis

South Korea’s food delivery giants face antitrust scrutiny amid rising fees

Baemin, Coupang Eats and Yogiyo investigated for unfair practices as restaurant owners struggle with increased costs

Amber RoosNovember 7, 2024

South Korea’s food delivery giants face antitrust scrutiny amid rising fees

An illustration of a smartphone displaying a food delivery app in front of restaurants in the background | Image: Korea Pro

The COVID-19 pandemic sparked explosive growth in South Korea’s food delivery industry, with platforms like Baedal Minjok (Baemin), Coupang Eats, and Yogiyo quickly becoming essential services for consumers and restaurants alike.

Together, these three platforms control 96% of South Korea’s food delivery market.

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South Korea’s food delivery giants face antitrust scrutiny amid rising fees

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Amber Roos

South Korea’s food delivery giants face antitrust scrutiny amid rising fees

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