woowa in A Sentence

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    According to Delivery Hero, Woowa's 2019 revenues in South Korea grew by 84% year-on-year to 301 million euros($337.5 million).

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    Delivery Hero had been competing with Woowa in South Korea, so the deal puts an end to that rivalry, serving both sides.

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    For example, Foodpanda and Woowa's combined footprint across Southeast Asia now extends across most key markets, except its most populous one, Indonesia.

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    East Asia countries like South Korea, Taiwan, and Hong Kong are considered relatively mature markets and Woowa has been operating profitably at home for some years already.

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    But Southeast Asia is a different story- a challenge Woowa's co-founder and CEO Kim Bong-jin, put in charge of the joint Woowa-Delivery Hero Asia operations, has to solve.

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