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Baemin

Baedal Minjeok is a mobile- based application that allows the user to order and receive food items in Korea. Read more

Bong-jin Kim's photo - Co-Founder & CEO of Baemin

Co-Founder & CEO

Bong-jin Kim

CEO Approval Rating

70/100

Founded:

2010

Status:

Product/Brand/ServiceIndependent Company

BAEMIN TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Ynot-takeout Food Delivery is Baemin's #1 competitor. Ynot-takeout Food Delivery was founded in Yongsan-gu, Seoul Teugbyeolsi} in 2014. Ynot-takeout Food Delivery operates in the industry. Compared to Baemin, Ynot-takeout Food Delivery generates $2M less revenue.

Maishoku is one of Baemin's top competitors. Maishoku was founded in 2011 in Tokyo, Tōkyō Prefecture. Maishoku operates in the Internet Software industry. Maishoku generates $3M more revenue than Baemin.

FRSH is a top competitor of Baemin. FRSH was founded in 2014, and is headquartered in Gurgaon, Haryana. FRSH is in the Internet Software industry.

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Growth Score - 1/1

Is 150 a good estimate for Baemin's Employee count?

Baemin Acquisitions

No recent acquisitions found related to Baemin

Baemin Funding History

Since Baemin was founded in 2010, it has participated in 3 rounds of funding. In total Baemin has raised $98.0M. Baemin's last funding round was on Apr 2016 for a total of $50.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Apr 2016
$50M

Hillhouse Capital

Equity
Nov 2014
$36M
Unattributed
Mar 2014
$12M

Since Baemin was founded in 2010, it has participated in 3 rounds of funding. In total Baemin has raised $98.0M. Baemin's last funding round was on Apr 2016 for a total of $50.0M

Baemin Investments

No recent investments found related to Baemin

Baemin News

October 14, 2018The Korea Bizwire

No. 1 Food Delivery App Begins Services for Single-person Households

SEOUL, Oct. 14 (Korea Bizwire) - South Korea's leading food delivery app Baedal Minjok, or Baemin for... See more »
April 24, 2016Asian Venture Capital Journal

Hillhouse leads $50m round for Korea's Baedal Minjok

China's Hillhouse Capital has led a $50 million investment in Woowa Brothers, owner and operator of l... See more »
April 23, 2016DealStreetAsia

Baedal Minjok raises $50m in funding from Hillhouse Capital Group

South Korea food delivery app service Baedal Minjok has gotten fresh funding to get more market share... See more »
November 27, 2014BESUCCESS

Korean Delivery App, Baedal Minjeok, Secures $36 Million From Goldman Sachs

It has been announced in Korean media this morning that the country's leading food delivery service (... See more »

Baemin Videos

Social Media

Baemin Headquarters

2 Wiryeseong-daero 2nd Floor, Jangeun Building

Songpa-gu, Seoul Teugbyeolsi11250

1600-0987

Driving Directions »

Trending Companies

Baemin Summary

ABOUT

Overview

Baedal Minjeok is a mobile- based application that allows the user to order and receive food items in Korea. Baemin was founded in 2010. Baemin's headquarters is located in Songpa-gu, Seoul Teugbyeolsi, KR 11250. It has raised 98.0M in 3 rounds. The l...

CEO

Baemin's Co-Founder & CEO, Bong-jin Kim, currently has an approval rating of 70%. Baemin's primary competitors are Ynot-takeout Food Delivery, Maishoku & FRSH.

Website

baemin.com

Frequently Asked Questions about Baemin

  1. When was Baemin founded?

    Baemin was founded in 2010
  2. Who is Baemin's CEO?

    Baemin's CEO is Bong-jin Kim
  3. How much revenue does Baemin generate?

    Baemin generates $2M in revenue
  4. How much funding does Baemin have?

    Baemin has historically raised $98M in funding
  1. Where is Baemin's headquarters?

    Baemin's headquarters is in Songpa-gu Seoul Teugbyeolsi, KR
  2. How many employees does Baemin have?

    Baemin has 150 employees
  3. What sector does Baemin operate in?

    Baemin is in Application Software
  4. Who are Baemin's competitors?

    Baemin's top competitors are Ynot-takeout Food Delivery, Maishoku, FRSH