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South Korea’s online food delivery market is expected to jump 40% this year to around $15.4 billion

South Korea ranks as the world’s third largest market for online food services, topped only by China and the United States, as per Euromonitor. Covid-19 has added nearly $4B surge of new orders leading to a boom in jobs for delivery riders. Baedal Mijok app, owned by Woowa Brothers, is one of the largest players in the market. Other players include Coupang Eats, operated by SoftBank, and Barogo, which is fast becoming a key player in last mile delivery.

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