Wemakeprice O Approaches 60,000 Partner Stores... "Fair Delivery" Commission Reduction Worked

[Asia Economy Reporter Kim Bo-kyung] The delivery application WEMAKEPRICE announced on the 23rd that the number of restaurant partners on its platform has reached 60,000. This is seen as the result of a collaborative project with restaurant owners that began in the second half of last year.

As of mid-this month, WEMAKEPRICE reported that the number of restaurants on the WEMAKEPRICE platform increased fourfold (292%) compared to about 15,000 at the same time last year, reaching approximately 58,000.

In September last year, WEMAKEPRICE introduced a 0% brokerage fee policy (only a server fee of 8,000 KRW per week was charged). Thanks to this, the cumulative number of restaurants on WEMAKEPRICE has increased by 1.6 times (67%) compared to August last year. Compared to the early service period in May 2019, it surged 32.4 times (3149%).

Since December last year, by joining the Zero Delivery Union and lowering the flat-rate commission to 2%, the number of restaurants in Seoul on the platform increased 3.4 times (248%) compared to the same period last year.

Recently, the pickup brokerage fee was also reduced to 0%, strengthening practical support benefits for small business owners. Expanding cooperation with local governments such as Gwangju City, Miryang City, and Jincheon County also contributed significantly to the increase in the number of local restaurant owners.

The increase in users followed as well. Over the past six months, the monthly active users (MAU) increased 2.2 times (124%) compared to the same period last year, and transaction volume grew 2.5 times (153%).

A WEMAKEPRICE official said, "By consistently maintaining the 'Fair Delivery' policy, a virtuous cycle has begun where more restaurant owners visit WEMAKEPRICE, and order customers and transaction volume increase," adding, "We will continue to present a win-win strategy centered on a fair commission model so that the platform, restaurant owners, and customers can all benefit."

This content was produced with the assistance of AI translation services.