Baemin operator tops W5tr revenue for first time

Woowa Brothers, the operator of food delivery app Baemin, said Friday it surpassed 5 trillion won (3.4 billion) in annual revenue for the first time last year, on the back of growth in its core businesses. The company’s revenue rose 22 percent from a year earlier to 5.28 trillion won in 2025, while operating profit fell 7 percent to 592.9 billion won from 640.8 billion won.