Woowa Brothers (Baemin)

Rule Changes

Fined 331.1 billion won; denies wrongdoing and plans legal action

South Korea's Fair Trade Commission fined the country's two largest food-delivery apps a combined 631.9 billion won on Nov. 9. Woowa Brothers, which runs Baemin, must pay 331.1 billion won; Coupang, which runs Coupang Eats, must pay 300.8 billion won. The penalties are provisional and both companies say they will challenge them in court.

Updated Yesterday