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Biz & Tech

Retail & Food

Wed, January 27, 2021 | 05:58

Delivery Hero decides to sell Korean unit

Delivery Hero decides to sell Korean unit

Delivery Hero (DH), a German food delivery service firm, said Monday it will accept the Fair Trade Commission's (FTC) conditional approval on the firm's acquisition of Korea's top food delivery app operator, Woowa Brothers which runs Baedal Minjok.

Nam Hyun-woo | 2020-12-28 16:56

Lotte Hotel Seoul launches dessert buffet 'Must Be Strawberry: Wild Future'

Lotte Hotel Seoul launches dessert buffet 'Must Be Strawberry: Wild Future'

Lotte Hotel Seoul has joined hands with luxury vegan beauty brand Chantecaille to launch "2021 Must Be Strawberry: Wild Future." The special culinary offering is available at the Peninsula Lounge & Bar on the first floor of the hotel, where customers can enjoy a strawberry-themed dessert buffet and afternoon tea set.

Kim Hyun-bin | 2020-12-25 13:46

Korea set to approve $4 billion Delivery Hero-Woowa Brothers deal

Korea set to approve $4 billion Delivery Hero-Woowa Brothers deal

Korea's top antitrust regulator is “very close” to approving German food delivery application operator Delivery Hero's $4 billion plan to acquire Woowa Brothers, which operates Korea's top food delivery application, sources told The Korea Times, Thursday.

Kim Yoo-chul | 2020-12-24 16:29

McDonald's Korea runs special donation campaigns

McDonald's Korea runs special donation campaigns

McDonald's Korea is running a series of year-end donation campaigns for children in need of long-term hospital care. The local subsidiary of the U.S. fast food firm said Thursday it has launched a seasonal menu item, the Lucky Burger, which will be available for a month from Dec. 26.

Lee Min-hyung | 2020-12-24 15:48

Coupang's Rocket Delivery offers online gifting to woo shoppers

Coupang's Rocket Delivery offers online gifting to woo shoppers

Coupang, the country's largest e-commerce company, said Wednesday it has been expanding the scope of online gifting, with non-face-to-face purchasing becoming a common trend due to the COVID-19 pandemic.

Baek Byung-yeul | 2020-12-23 15:56

Dongwon reshuffles execs to focus on digital, expertise

Dongwon reshuffles execs to focus on digital, expertise

Food conglomerate Dongwon Group announced a major reshuffle of its executives, Wednesday, highlighted by enhancing its digital sales platform and appointing multiple CEOs to head different businesses at its key unit Dongwon Home Food.

Nam Hyun-woo | 2020-12-23 13:21

Live commerce becoming essential in e-commerce sector

Live commerce becoming essential in e-commerce sector

What once was only considered optional, live commerce has become an imperative medium for e-commerce firms. Previously, online shopping malls only used images and text to introduce their products. Nowadays, customers wants to see items in videos and ask sellers about them in real time before making a purchase.

Kim Jae-heun | 2020-12-22 09:14

Delivery service companies face hardships securing riders

Delivery service companies face hardships securing riders

Despite the prolonged COVID-19 pandemic that is producing a high demand for delivery services, companies such as Barogo and Vroong are facing difficulty in attracting investments due to their business structure, leading them to accumulate deficits.

Kim Jae-heun | 2020-12-19 10:10

WeMakePrice to focus on fashion sector for survival

WeMakePrice to focus on fashion sector for survival

WeMakePrice (WMP), a local e-commerce firm, is betting big on its fashion section to compete in the fierce online shopping market against Coupang, Naver and eBay Korea. WMP recently restructured its online shopping division “Wonder Shopping” to a more cosmetics and fashion centric platform dubbed “W Style.”

Kim Jae-heun | 2020-12-18 17:47

Online grocery shopping soars amid resurging COVID-19

Online grocery shopping soars amid resurging COVID-19

Online grocery shopping is gaining popularity rapidly ahead of the government's anticipated implementation of its Level 3 social distancing scheme up from the current Level 2.5. Sales at major discount stores and e-commerce firms havebeen soaring since last Friday when the number of COVID-19 daily cases jumped to 900 from 600 the previous day.

Kim Jae-heun | 2020-12-18 09:04

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