Since the start of the pandemic, more restaurants in South Korea have been offering delivery services and new data shows that nearly one in five restaurants in the country now use food-delivery apps.
According to the Ministry of Agriculture, Food and Rural Affairs on Monday almost 20% of restaurants used delivery apps last year up 8.7% points compared to the previous year.
The number of Japanese restaurants that used these apps soared by more than 27% points on-year and usage by bakeries also went up by 26% points.
By sales restaurants with higher revenues tended to use delivery apps.
But delivery apps were only used by 6.4% of restaurants that had sales of less than 44, 000 dollars.
On average, restaurants paid about 300 U.S. dollars a month in delivery app fees up 13.3% on-year.
Through this the country’s largest delivery app company, Bae-min, saw its revenue soar last year to about 965, 000, 000 U.S. dollars.
This is up about 95 percent compared to the previous year.
The company saw an operating profit of 51, 000, 000 dollars, and a net profit of 18.8 million dollars.