Food delivery mobile applications are growing rapidly in South Korea, driven by burgeoning demand amid the spread of the lone-eating trend and a rising number of single households, industry sources said Tuesday.
Baedal Minjok, a leading mobile delivery app run by local startup Woowa Brothers, raked in 84.8 billion won (£60.25 million) in revenue last year, up 71 per cent from a year earlier, according to data by the Financial Supervisory Service (FSS).
Woowa Brothers cited a steady growth in orders based on a wider range of delivery services that helped fuel sales. Its monthly tally on delivery orders surpassed the 10 million mark for the first time last December, up nearly twofold from 5.2 million on a monthly basis.
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