Baemin, Yogiyo see record transaction drops in Feb amid Coupang's rise

South Korea’s top and third-ranked food delivery apps, Baedal Minjok (Baemin) and Yogiyo, saw their biggest-ever monthly drops in transaction ...

Yogiyo to begin autonomous robot delivery tests in August

Yogiyo, South Korea’s second-largest food delivery app, announced on Friday that it will begin outdoor autonomous robot delivery tests in Song...

Samsung hires ex-Yogiyo CEO to lead online sales as rivals axe jobs

Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...

Domino’s Korea to use third party delivery agents, the franchise's first case

It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...

Delivery Hero gets 5 more months to sell Yogiyo until January

South Korea’s antitrust regulator said on Thursday it is extending the deadline for Germany’s Delivery Hero SE to sell food delivery pla...

Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo

A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food ...

Delivery Hero seeks more time to sell Korea's Yogiyo

Delivery Hero SE has requested up to another six months to sell South Korea's No. 2 food delivery platform Yogiyo, the estimated value of which was ...

Delivery Hero's Korean unit sale hits dead end

Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...

Delivery app Yogiyo bidders narrowed to Shinsegae, PEFs

Germany's Delivery Hero SE has narrowed down the list of bidders for South Korea’s second-largest food delivery platform Yogiyo to Shinsegae I...

Delivery app Yogiyo draws bids from retailers, PEFs

South Korea’s second-largest food delivery app Yogiyo has drawn about 10 preliminary bidders, including retailer Shinsegae and private equity ...

Sale of Korea’s No.2 delivery app Yogiyo kicks off with May 4 prelim bid

The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to poten...

Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo

Germany-based online food delivery service Delivery Hero SE has kicked off the sale process of South Korea's second-largest food delivery app, Yogiy...

Delivery Hero could face up to $1.4 bn in fines if it fails to sell Yogiyo

Food delivery giant Delivery Hero SE is facing some time pressure to sell South Korea’s No. 2 food delivery app Yogiyo, estimated at 2 trillio...

Yogiyo sale gains steam as Baemin investors set for Q1 exit

Financial investors in South Korea's No. 1 food delivery app Baedal Minjok (Baemin) are set to exit in the first quarter of this year, closing t...

Delivery Hero welcomes Baemin, seeks new home for Yogiyo

Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...