SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Instagram Outage Disrupts Thousands of U.S. Users 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
DoorDash, an American food delivery service company, has been tapped to take over Yogiyo. The company is one of the candidates that are favorably seen as eligible to acquire the South Korean food delivery business.
As per the Korea Times, Yogiyo has an estimated value of more or less KRW2 trillion. It was reported that this number is quite high for either small or medium-sized private equity securities, so it is looking for a bigger company that can handle the business.
Possible entrance to the Korean market
DoorDash has been operating since 2012, and with its background and capabilities, it is being considered as a company that can acquire Yogiyo. In case the American company obtains Yogiyo, it will eventually enter the Korean market where food delivery has become a way of life.
"DoorDash and several other strategic investors such as Just Eat, Takeaway.com, and Meituan, will have a chance to enter the Korean market with the cash and investments generated from other parts of the world they're operating in," an insider stated. "American firms especially have enough money to do so."
Based on the opinions, DoorDash finds the Korean market to be very attractive as it offers unlimited opportunities. This is because South Korea is the seventh-largest single market among the member countries of the Organisation for Economic Cooperation and Development or OECD. The main reason for the high ranking is the country’s excellent buying power and IT
base.
"Considering the symbolic characteristics and size of the Korean market, Yogiyo is definitely an attractive player for international investors," the insider added.
Other candidates that may take over Yogiyo
Yogiyo provides fast and hassle-free food delivery service to its customers in South Korea. Consumers place order requests through its app that once awarded as Google Play’s Best App in 2013. Now another company is expected to take over and operate the business.
With that said, joining DoorDash, Just Eat, Takeaway.com, and Meituan as candidates to be its investor is another South Korean company Coupang. It was said that if Coupang acquires Yogiyo, it will surely rise up and become the country’s second-best in the domestic food delivery service market. Meanwhile, major shareholders of Yogiyo are expected to convene to decide which company is best to be Yogiyo’s main investor.
