Baedal Minjok posted an operating profit of nearly 700 billion won last year, making a surplus of hundreds of billions of won for the second year in a row.
The operating profit of the takeaway nation rose to nearly 700 billion won last year, and the profit exceeded 100 billion won for two consecutive years.
As a result, the German parent company Delivery Hero (DH), which invested 4.75 trillion won in 2020 to acquire Baedal Minjok (hereinafter referred to as Baemin), has received more than 400 billion won in dividends for the first time since the acquisition.
In 2020, Delivery Hero (DH), the German* parent company that invested 4.75 trillion won to acquire the food delivery company Nation (hereinafter referred to as foreigners), also received more than 400 billion won in dividends for the first time.
According to Woowa Han Brothers' disclosure on the 31st of last month, Baemin posted consolidated sales of 3.4155 trillion won last year, up 15.9 percent from 2.9471 trillion won the previous year.
According to an announcement released by "woowahan" on the 31st of last month, the total sales of foreigners last year were 3.4155 trillion won, an increase of 15.9% from 2.9471 trillion won the year before.
Operating profit for the same year was KRW 699.8 billion, up 65% from KRW 429.1 billion the previous year. Operating margin was 20.5 percent, up 6.1 percent from 14.4 percent last year, and net profit was KRW 506.2 billion, up 83.5 percent.
Operating profit for the same year was 699.8 billion won, up 65% from 429.1 billion won the year before. Operating margin was 20.5 percent, up 6.1 percent from 14.4 percent last year. Net profit was 506.2 billion won, an increase of 83.5%.
This is higher than Coupang, the No. 1 e-commerce company, with an operating profit of 614.7 billion won last year.
This is higher than the operating profit of 614.7 billion won last year for Coupang, a leading e-commerce company.
Last year, the domestic online delivery food market declined, but Baemin posted a surprise performance. It is the fruit of the commerce business that has been continuously invested in such as bargain delivery and B-mart.
Last year, the overall food delivery market in South Korea was on a downward trend, but foreigners still achieved amazing results. This is thanks to the results of other business modules such as "Budget-conscious delivery" (delivery staff delivers multiple orders at the same time, reducing delivery fees) and "B supermarket".
Previously, Woowa Brothers posted sales of 2.088 trillion won in 2020 but posted an operating loss of 75.7 billion won.
In 2020, "woowahan" had a loss of 75.7 billion won, although its sales were 2.088 trillion won.
Accordingly, in March 2022, Baemin 1, a single-order delivery service, was reorganized into a fixed rate system with a 6.8% brokerage fee and increased the delivery fee by 1,000 won, after which it recorded a surplus with an operating profit of more than 400 billion won.
In March 2022, the brokerage fee for the single-piece delivery service "Foreigner 1" was adjusted to 6.8%, and after the delivery fee was raised by 1,000 won, it recorded an operating profit of more than 400 billion won, turning from a loss to a profit.
Since then, Baemin has been expanding its fee-based services, such as bargain delivery and home delivery.
Since then, foreigners have continued to expand their services for "budget-conscious delivery" and "single-piece delivery".
Baemin's record-breaking surplus made the parent company, DH, laugh along with it. DH paid a dividend of KRW 412.7 billion for the first time last year, with a payout ratio of 81.5%.
For this unprecedented surplus, the parent company DH is also very happy. DH paid a dividend of 412.7 billion won for the first time last year, with a dividend rate of 81.5%.
In this regard, an official of Woowa Han Brothers said, "Despite the fierce competition in the delivery app industry, new services such as discount delivery that lowered the burden of consumer delivery costs succeeded in securing and retaining users compared to other companies."
In this regard, a "woowahan" official said, "In the fierce competition in the industry, the emergence of a new service of smart delivery that reduces the burden of consumer delivery fees has successfully retained users. ”
Meanwhile, competition in the delivery industry continues to heat up.
In addition, the competition in the food delivery market is becoming increasingly fierce.
Yogiyo has reduced the subscription fee for its delivery membership 'Yogi Pass X' from 4,900 won to 2,900 won.
Yogiyo将"Yogipass X"会员费用从4900韩元下调至2900韩元。
Coupang Eats, which is closely following Yogiyo, will introduce an unlimited free delivery service for its members and apply it sequentially.
Coupang Eats followed suit with a "free shipping" service for members, with plans to gradually expand the region.
As a result, experts predict that the success or failure of new businesses such as commerce in the delivery industry will be the key to securing future growth.
In this regard, experts predict that the success or failure of the new business model of the food delivery industry will be the key to future growth.
Word of the Day:
육박하다 [verb] near, close
흑자 [noun] surplus, surplus
인수하다 [He verb] to receive, to take over
배당금【noun】Dividends, dividends
인하하다 [his verb] lowers, downgrades
바짝 [adverb] tightly, closely
Sentence Syntax:
-I (but)
It indicates a turn of opposites, that is, the speaker first confirms the fact of A, and then turns a corner, acknowledging the fact of B that is opposed to or inconsistent with the fact of A, which is equivalent to the Chinese "although... But...". It can be used with "지마는(지만)". As:
I lay down, but I couldn't sleep.
I was lying in bed, but I couldn't sleep.
He sings well, but he doesn't know how to dance.
He could sing, but he couldn't dance.
The light is not very good, but the taste is good.
Although the color of the apples is not great, the taste is good.
"나 (으나)" is often used in conjunction with the adverb "비록". As:
Although he is young, he is strong.
Despite his young age, he has a lot of strength.