Baemin Joins Hands with IBK Investment & Securities to Promote Sustainable Management and Win-Win Cooperation

Spreading Eco-Friendly Delivery Culture
Expanding Sales Channels for Small Business Owners
Ensuring Delivery Rider Safety

Baedal Minjok is joining forces with IBK Investment & Securities to promote sustainable management and win-win cooperation.

Woowa Brothers, the operator of Baemin, announced on the 17th that they signed a "Business Agreement for the Expansion of Sustainable Management and Win-Win Cooperation" with IBK Investment & Securities at 'The Big House' in Lotte World Tower, Songpa-gu, Seoul.

Kim Joong-hyun, Head of Value Management at Woowa Brothers (left), and Moon Chan-geol, Head of Business Strategy at IBK Investment & Securities, are posing for a commemorative photo on the 17th at 'The Big House' in Lotte World Tower, Songpa-gu, Seoul, after signing a business agreement to promote sustainable management and win-win cooperation. Photo by Woowa Brothers

Woowa Brothers and IBK Investment & Securities plan to work together across the food service and food delivery industries to create a better industrial environment by ▲conducting joint campaigns to spread eco-friendly delivery culture ▲expanding sales channels and providing operational support for small business owners ▲supporting the establishment of a safety culture for delivery riders.

They will also collaborate to jointly discover promising startups that can create synergy with the delivery industry and support investment to foster the growth and development of the domestic startup ecosystem.

In addition to IBK Investment & Securities, Woowa Brothers has worked with numerous companies in the domestic financial industry to promote win-win cooperation with self-employed restaurant owners. In 2023, they implemented a guaranteed loan program worth 105 billion KRW for small business owners in the food service industry and traditional markets in partnership with KB Kookmin Bank and the Korea Credit Guarantee Foundation. Since January this year, they have also been running a guaranteed loan program worth 100 billion KRW in collaboration with Kakao Bank and regional credit guarantee foundations.

Kim Jung-hyun, Head of Value Management at Woowa Brothers, said, “Through the business agreement with IBK Investment & Securities, we will continuously strive to have a better impact on society as a whole beyond the food service and food delivery industries.”

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