Who owns Baemin?
Baemin is owned by Delivery Hero (Germany, FWB: DHER).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Delivery Hero Annual Report 2024, Delivery Hero SE. Last checked .
Key facts
- Current owner
- Delivery Hero SE reported
- Owner HQ
- 🇩🇪 Germany, Berlin
- Origin
- 🇰🇷 South Korea
- Category
- Internet & digital › Online commerce › Food delivery
- Parent ticker
- FWB: DHER
- Last verified
- · 1 sources
About Baemin
Baemin is the brand under which Woowa Brothers Corp., based in Seoul, operates food delivery in South Korea. Delivery Hero describes Woowa as one of its most significant subsidiaries; the Group acquired the last 0.2 per cent of the non-controlling interest in 2023 and its 2025 subsidiary list shows Woowa Brothers Corp. as 100 per cent owned. Delivery Hero's 2024 annual report says the Korean business invested that year in subscription plans and a new app design, with a 2025 goal of regaining growth.
Ownership timeline of Baemin
- Current owner Delivery Hero [1] reported
Where Baemin sits in Delivery Hero
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Delivery Hero ownership tree →
See the full Delivery Hero brand portfolio (4) →
Other brands owned by Delivery Hero
Delivery Hero controls 4 brands on Brandtree, 4 of them in internet & digital.
Also in internet & digital
Other brands in food delivery, and who owns them
Delivery Hero has more brands in food delivery on Brandtree than any other owner: 4 of 24.
| Brand | Owner | Owner based in |
|---|---|---|
| Caviar | DoorDash | 🇺🇸 United States |
| Drizly | Uber | 🇺🇸 United States |
| Coupang Eats | Coupang | 🇺🇸 United States |
| GoFood | GoTo | 🇮🇩 Indonesia |
| GrabFood | Grab | 🇸🇬 Singapore |
| Eldum rétt | Hagar | 🇮🇸 Iceland |
| aiqfome | Magalu | 🇧🇷 Brazil |
| Skagenfood | Salling Group | 🇩🇰 Denmark |
About the owner: Delivery Hero
Delivery Hero is a publicly listed company headquartered in Berlin, Germany, founded in 2011. Brandtree records 4 brands under its control, and it is listed as FWB: DHER.
Delivery Hero SE is a Berlin-based online food ordering and delivery group, listed on the Frankfurt Stock Exchange and in the MDAX. Its parent company, with its legal predecessors, was founded in 2011, and it has expanded through local brands rather than one global name. Its annual report divides the business into Asia (foodpanda, with Baemin in Korea), MENA (talabat, Hungerstation, InstaShop), Europe (Glovo, efood, foodora, foody), Americas (PedidosYa) and Integrated Verticals (Dmarts), with Yemeksepeti in Türkiye. Only the brands whose country the filings make clear are recorded here; foodpanda, foodora, efood, foody and PedidosYa are not. In March 2026 it agreed to sell Foodpanda Taiwan to Grab; closing was still pending.
Delivery Hero: full profile, brands and acquisition history →
🇰🇷 Baemin and other South Korean brands
Brandtree records a controlling owner for 185 brands that began in South Korea. 7 of them (4%) are now controlled by a company headquartered in another country, Baemin among them.
Frequently asked questions
Who is the parent company of Baemin?
The parent company of Baemin is Delivery Hero, a publicly listed company headquartered in Germany.
Is Baemin South Korean or German?
Baemin originated in South Korea, but it is owned today by Delivery Hero, which is headquartered in Germany. So Baemin is a South Korean-origin brand under German ownership.
Is Baemin still owned by Delivery Hero?
Yes. As of 4 October 2026, Baemin is still owned by Delivery Hero. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Delivery Hero Annual Report 2024 — Delivery Hero SE, Annual report; retrieved 4 October 2026.
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