The value of South Korea's online food delivery service market jumped 78.6 percent to 17.4 trillion won last year from 2019 amid the coronavirus pandemic.
It grew 6.4 times the 2.7 trillion won recorded in 2017 when the statistical agency started tracking related data.
Of the total transactions, 95 percent, or 16.5 trillion won, were mobile orders, with the remainder involving internet deals.
The surge in the number of food deliveries was attributed to the pandemic's impact that kept people from dining out.
Industry sources expect the local online food delivery industry to expand further due to growing consumer demand and virus-induced restrictions on restaurants.
The number of coronavirus infections in South Korea has exceeded 90,000.


Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Instagram Outage Disrupts Thousands of U.S. Users
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Samsung Electronics Shares Jump on HBM4 Mass Production Report 



