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Baedal Minjok
Baedal Minjok () is a South Korean food delivery company. Baedal Minjok is owned by Woowa Brothers Corp. The company's revenue in 2020 was KRW 1.09 Trillion (US$960 Million). In March 2021, Woowa Brothers Corp. and the Baedal Minjok brand were acquired by Delivery Hero. Baedal Minjok is the largest food delivery application in South Korea. The South Korean delivery market is one of the largest in the world, worth US$8.6 billion in 2019. In the single month of August 2020, the industry recorded US$1.05 billion of sales. On April 12, 2021, Baedal Minjok announced the launch of a new product, 'Baemin 1 (one)' for gig workers. Company history Baedal Minjok was created in 2010 by founder Kim Bong-jin (businessman). Kim sought to create a service for restaurants to advertise on, and began by scanning restaurant flyers which he found on the ground of Gangnam, Seoul. Kim created the Baedal Minjok platform to earn a commission on orders which were placed through the application. In t ...
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Kim Bong-jin (businessman)
Kim Bong-jin (Hangul: 김봉진; Hanja: 金奉珍; born 18 July 1990 in Seoul) is a South Korean footballer. He is a versatile midfielder and can play as defensive midfielder or central midfielder. On 7 February 2017, Kim Bong-Jin scored the equalizer for Kitchee against Ulsan Hyundai in the 2017 AFC Champions League qualifying play-off. In December 2018, Kitchee announced that they will be loaning Bong-Jin to Hoang Anh Gia Lai FC. At the end of the 2019 V.League 1, Hoang Anh Gia Lai FC terminated its contract with Bong Jin. Kim Bong-Jin joined Petaling Jaya City FC of the Malaysian Super League for the 2020 season, after visiting Malaysia on vacation. Honours ;Kitchee *Hong Kong Premier League: 2016–17, 2017–18 *Hong Kong Senior Shield: 2016–17 *Hong Kong FA Cup: 2016–17, 2017–18 *Hong Kong Sapling Cup: 2017–18 *Hong Kong Community Cup Hong Kong Community Cup (), formerly known as Hong Kong Community Shield (), is the football super cup competi ...
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Yonhap News Agency
Yonhap News Agency is a major South Korean news agency. It is based in Seoul, South Korea. Yonhap provides news articles, pictures and other information to newspapers, TV networks and other media in South Korea. History Yonhap (, , translit. ''Yeonhap''; meaning "united" in Korean) was established on 19 December 1980, through the merger of Hapdong News Agency and Orient Press. The Hapdong News Agency itself emerged in late 1945 out of the short-lived Kukje News, which had operated for two months out of the office of the Domei, the former Japanese news agency that had functioned in Korea during the Japanese colonial era. In 1999 Yonhap took over the Naewoe News Agency. Naewoe was a South Korea government-affiliated organization, created in the mid 1970s, and tasked with publishing information and analysis on North Korea from a South Korean perspective through books and journals. Naewoe was known to have close links with South Korea's intelligence agency, and according to the B ...
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Delivery Hero
Delivery Hero is a German multinational online food-delivery service based in Berlin, Germany. The company operates in 50+ countries internationally in Europe, Asia, Latin America and the Middle East and partners with 500,000+ restaurants. Delivery Hero has increasingly branched out beyond food delivery, and is a leading player in the emerging category of quick commerce, which delivers small batch orders in under an hour. In the third quarter of 2021, Delivery Hero processed 791 million orders - that equals a year-on-year growth of 52%. While Delivery Hero is headquartered in Germany with offices worldwide, as a " gig economy company" (akin to Meituan, Uber or Airbnb) nearly all of the company's deliveries are carried out by workers using motorcycles, bicycles and cars, dispatched via the company's smartphone apps. In general, and in contrast to recent legal precedents in Canada and Australia, Delivery Hero does not classify these couriers as employees. This policy has led to ...
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Food Delivery
Retail food delivery is a courier service in which a restaurant, store, or independent food-delivery company delivers food to a customer. An order is typically made either through a restaurant or grocer's website or mobile app, or through a food ordering company. The delivered items can include entrees, sides, drinks, desserts, or grocery items and are typically delivered in boxes or bags. The delivery person will normally drive a car, but in bigger cities where homes and restaurants are closer together, they may use bikes or motorized scooters. Recently, online food delivery through third-party companies have become a growing industry and caused a "delivery revolution." Nascent technologies, such as autonomous vehicles have also been used to complete deliveries. Customers can, depending on the delivery company, choose to pay online or in person, with cash or card. A flat rate delivery fee is often charged with what the customer has bought. Sometimes no delivery fees are ch ...
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Nikkei Asia
''Nikkei Asia'', known as ''Nikkei Asian Review'' between 2013 and 2020, is a major Japan-based English-language weekly news magazine focussed on the Asian continent, although it also covers broader international developments. It is headquartered in Tokyo, Japan. ''Nikkei Asia'' was originally launched in 2013. Ownership ''Nikkei Asia'' is owned by Nikkei, Inc., the same Japan-based holding company that also owns the London-based ''Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...''. Because ''Nikkei Asia'' and the ''Financial Times'' are sister publications, some ''Financial Times'' journalists are seconded to ''Nikkei Asia'' on a rotating, two-year basis. ''Nikkei Asia'' calls itself the "voice of the Asian century". References External links * Magazin ...
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Gig Worker
Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers. Gig workers enter into formal agreements with on-demand companies to provide services to the company's clients. In many countries, the legal classification of gig workers is still being debated, with companies classifying their workers as "independent contractors", while organized labor advocates have been lobbying for them to be classified as "employees", which would legally require companies to provide the full suite of employee benefits like time-and-a-half for overtime, paid sick time, employer-provided health care, bargaining rights, and unemployment insurance, among others. In 2020, the voters in California approved 2020 California Proposition 22, which created a third worker classification whereby gig-worker-drivers are classified as contractors but get some benefits, such as minimum wage, mileage reimbursement, and others. Etymology of ''gig'' ...
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Gangnam District
Gangnam District ( ; , ) is one of the 25 local government districts which make up the city of Seoul, South Korea. Gangnam translates to "South of the (Han) River". Gangnam District is the third largest district in Seoul, with an area of . As of the 2017 census, Gangnam District had a population of 561,052. There is a high concentration of wealth in the district, with prices for an apartment as of 2020 nearly double those in the rest of Seoul. Gangnam district is generally referred to as a part of Gangnam School District Eight (강남 8학군), along with Seocho District. This district shares half of Gangnam-daero Gangnam Station area with Seocho District, which is one of the most crowded places in Korea. Administration Gangnam is one of two '' gu'' that make up the Greater Gangnam Area with neighboring Seocho District. The Gangnam District office has designated two smoke-free zones within the district. The first is the section of Gangnam Boulevard between exit No. 2 of G ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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Anti-trust
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boun ...
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Korea JoongAng Daily
''Korea JoongAng Daily'' is the English edition of the South Korean national daily newspaper ''JoongAng Ilbo''. The newspaper was first published on October 17, 2000, originally named as ''JoongAng Ilbo English Edition''. It mainly carries news and feature stories by staff reporters, and some stories translated from the Korean language newspaper. ''Korea JoongAng Daily'' is one of the three main English newspapers in South Korea along with ''The Korea Times'' and ''The Korea Herald''. The newspaper is published with a daily edition of ''The New York Times'' and it is located within the main offices of the ''JoongAng Ilbo'' in Sangam-dong, Mapo-gu, Seoul. See also *List of newspapers in South Korea This is a list of newspapers in South Korea. National papers Top 10 Comprehensive Daily newspapers *Chosun Ilbo (daily) 1,212,208 *Dong-A Ilbo (daily) 925,919 *JoongAng Ilbo (daily) 861,984 *''Hankook Ilbo'' (daily) 219,672 *''Hankyoreh'' (da ... References External linksOff ...
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The Korea Herald
''The Korea Herald'' is a leading English-language daily newspaper founded in 1953 and published in Seoul, South Korea. The editorial staff is composed of Korean and international writers and editors, with additional news coverage drawn from international news agencies such as the Associated Press. ''The Korea Herald'' is operated by Herald Corporation. Herald Corporation also publishes ''The Herald Business'', a Korean-language business daily, ''The Junior Herald'', an English weekly for teens, ''The Campus Herald'', a Korean-language weekly for university students. Herald Media is also active in the country's booming English as a foreign language sector, operating a chain of hagwons as well as an English village. ''The Korea Herald'' is a member of the Asia News Network. History ''The Korean Republic'' ''The Korea Herald'' began in August 1953 as ''The Korean Republic'', a 4-page tabloid English-language daily. In 1958, ''The Korean Republic'' published its fifth anniversary ...
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Gyeonggi Province
Gyeonggi-do (, ) is the most populous province in South Korea. Its name, ''Gyeonggi'', means "京 (the capital) and 畿 (the surrounding area)". Thus, ''Gyeonggi-do'' can be translated as "Seoul and the surrounding areas of Seoul". Seoul, the nation's largest city and capital, is in the heart of the area but has been separately administered as a provincial-level ''special city'' since 1946. Incheon, the nation's third-largest city, is on the coast of the province and has been similarly administered as a provincial-level ''metropolitan city'' since 1981. The three jurisdictions are collectively referred to as '' Sudogwon'' and cover , with a combined population of 25.5 million—amounting to over half of the entire population of South Korea. History Gyeonggi-do has been a politically important area since 18 BCE, when Korea was divided into three nations during the Three Kingdoms period. Ever since King Onjo, the founder of Baekje (one of the three kingdoms), founded the govern ...
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