About Baemin
Baemin is a company based in Seoul (South Korea) founded in 2013. It operates as a Two-Sided Marketplace, and Commission-Based. Baemin offers products and services including Food Delivery, B-Mart, and Gift Delivery. Baemin operates in a competitive market with competitors including Delivery Hero, Woowa Bros, Yogiyo, Bongdong and Shuttle Delivery, among others.
- Headquarter Seoul, South Korea
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Sectors
Consumer
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Social
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- Legal Name Woowa Brothers Corp.
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Products & Services of Baemin
Baemin offers a comprehensive portfolio of products and services, including Food Delivery, B-Mart, and Gift Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Food delivery service is provided across various regions.
Grocery and shopping items are delivered within hours.
Gifts and messages are delivered with care daily.
Funding Insights of Baemin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Baemin
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Baemin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baemin Comparisons
Competitors of Baemin
Baemin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Delivery Hero, Woowa Bros, Yogiyo, Bongdong and Shuttle Delivery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
Food delivery platforms are developed and operated for on-demand services.
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| domain | founded_year | HQ Location |
Food orders and deliveries are enabled via an online platform.
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| domain | founded_year | HQ Location |
Operates an online platform for food ordering and delivery.
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| domain | founded_year | HQ Location |
Food delivery is enabled via an online ordering platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Baemin
Frequently Asked Questions about Baemin
When was Baemin founded?
Baemin was founded in 2013.
Where is Baemin located?
Baemin is headquartered in Seoul, South Korea.
What does Baemin do?
A comprehensive delivery service is provided by Baemin, focusing on food delivery, grocery shopping, and gift services across South Korea. Various sectors including restaurants, retail, and personal gifting are covered. Solutions like Baemin Club for free delivery, B-Mart for quick grocery needs, and bulk parcel delivery for larger items are offered. Operations are maintained 365 days a year with a focus on speed and customer satisfaction.
Who are the top competitors of Baemin?
Baemin's top competitors include Delivery Hero, Woowa Bros and Yogiyo.
What products or services does Baemin offer?
Baemin offers Food Delivery, B-Mart, and Gift Delivery.
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