Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Coupang Eats and Baemin (Baedal Minjok) are two of the leading food delivery services in South Korea, and both are now facing boycotts due to their soaring delivery fees. Both the restaurants and customers are said to be preparing to cut them off as they complain about the rates.
According to The Korea Times, a growing number of Koreans are now opting to pick their orders up instead of delivery since they no longer find the fees to be fair. Baemin and Coupang Eats recently raised delivery fees again and this led to the people’s decision not to use their services anymore.
It was in February when Coupang Eats implemented a new pricing scheme for single orders and Baedal Minjok followed suit and announced a delivery price hike late last month. The companies were said to have started charging commission fees of 6.8% and 9.8% of the foods’ total amount.
The move forced restaurants to shoulder the delivery costs that can go from ₩5,400 ($4.36) to ₩6,000. Other restaurants split the delivery fees with their customers but if they would like to increase their earnings, they must charge a bigger percentage to customers which is not a good idea because they may just lose their customers in the end.
"Baemin lists the names of restaurants on its app in order of low delivery prices and that means restaurant owners have to shoulder more delivery expenses to attract customers,” a 34-year-old restaurant owner explained. “Baemin 1 is a one-order-per-delivery service run by Baemin and its new pricing system for single-order delivery services only profits delivery firms so I am thinking of boycotting both Baemin 1 and Coupang Eats."
For its part, the owner of Baemin, Woowa Brothers, said that its new pricing system was designed to benefit the delivery riders and not the company. A company official said, "If we get a ₩10,000 online order, we take ₩680 as a commission fee and restaurants have to pay delivery drivers ₩6,000. It is up to each restaurant whether they will shoulder the entire ₩6,000 or charge customers a certain percentage of it."
