Mergers & Acquisitions Mergers & Acquisitions

Comment: Delivery Hero's tie-up with South Korean food delivery service draws antitrust concerns

By Wooyoung Lee and Choi Hyung-jo
  • 18 Mar 2020 23:45
  • 27 Apr 2020 21:59

Delivery Hero’s announcement in December last year that it plans to acquire South Korea’s leading food delivery app company Woowa Brothers has met strong opposition from South Korean small businesses and delivery workers.

The dispute centers around the deal’s monopoly in the burgeoning food-delivery mobile app market. The consolidation would make the market

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Wooyoung Lee

Correspondent, Seoul

Wooyoung Lee is a correspondent based in MLex’s Seoul office, South Korea, covering antitrust, privacy and data security, mergers and acquisitions and financial services. Wooyoung has more than a decade of experience in journalism, public policy and research. She has worked and written for news outlets including The Korea Herald, Al Jazeera International, Bloomberg BNA, Monocle, among others.

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