Nearly 20 Trillion Won Paid Through Major Delivery Apps This Year

Major Delivery Apps' Cumulative Payment Amount Reaches 19.3769 Trillion Won in 2021

[Asia Economy Reporter Kim Cheol-hyun] It has been reported that Koreans spent more than 19 trillion won on delivery apps throughout this year. On the 9th, app analysis service WiseApp announced the estimated payment amounts for major domestic delivery apps this year.

According to WiseApp's sample survey of payments made by Koreans aged 20 and over using credit cards, debit cards, bank transfers, and micropayments, the cumulative estimated payment amount for Baedal Minjok, Yogiyo, and Coupang Eats up to October 2021 was 19.3769 trillion won.

Based on data up to October, the annual delivery app payment scale was about 3.1 trillion won in 2018, 5.6 trillion won in 2019, and 10.1 trillion won in 2020. This year, it represents a 91% increase compared to the same period last year. If the current trend continues, the payment scale of the three delivery apps is estimated to exceed 24 trillion won this year.

WiseApp explained that this survey excludes payments made by teenagers, phone orders, on-site payments, simple payments, KakaoTalk ordering, and other small to medium-sized delivery apps, so the actual payment scale of delivery apps is larger. Payments made by corporate cards, corporate bank transfers, B2B transactions, cash, gift certificates, and simple payments were also not included.

Meanwhile, combining the number of payers for the three major delivery apps in October, 43.4% were men and 56.6% were women, with women making more payments. By age group, 23.5% were in their 20s, 36.2% in their 30s, 22.2% in their 40s, and 15.1% aged 50 and above, with the highest number of payers in their 30s.

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