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Trusted by
Acquiring Company
Uber
Acquired Company
Baemin (Baedal Minjok)
London
SeoulCommerce And ShoppingFood and BeverageHospitalityE CommerceDeliveryDescription
Uber Technologies, Inc. is set to acquire Baemin, the leading food delivery service in South Korea, as announced during the Fair Trade Commission's preliminary review. This acquisition marks a significant shift in the food delivery market, with potential aggressive marketing strategies anticipated post-acquisition. The combination of Baemin's strong market share and Uber's resources is expected to intensify competition, especially against Coupang Eats, which is rapidly gaining market presence.
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Frequently asked
Who acquired Baemin (Baedal Minjok)?
Baemin (Baedal Minjok) was acquired by Uber, based in London. The deal was reported on September 28, 2026. Headquartered in London, the company operates in the UK, USA and South Africa, serving over 70 customers with over 75 employees and moving nearly 100,000 riders each month. Uber is privately held and operates in Commerce And Shopping.
When did Uber acquire Baemin (Baedal Minjok)?
Uber's acquisition of Baemin (Baedal Minjok) was reported on September 28, 2026. Uber Technologies, Inc. is set to acquire Baemin, the leading food delivery service in South Korea, as announced during the Fair Trade Commission's preliminary review. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Baemin (Baedal Minjok) do?
Baemin, short for Baedal Minjok, is a leading food delivery service in South Korea, known for its innovative platform and efficient delivery network. It serves millions of customers and partners with numerous restaurants nationwide. It is privately held, operating in Food and Beverage, and is based in Seoul.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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