Qatar's Economy Under Pressure: How Regional Conflict Could Reshape Global Investment in 2026 
U.S. Markets Post Fourth Straight Weekly Loss Amid Middle East Escalation 
GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy 
Volkswagen CEO Urges Germany to Adopt China's Industrial Discipline Amid Major Restructuring 
United Airlines Cuts Flights 5% Amid Soaring Fuel Costs From Iran War 
Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures 
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy 
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores 
Japan Eyes Reduction in Inflation-Linked Bond Buybacks Amid Surging Investor Demand 
OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI 
Iran-U.S. War Sends Dollar Higher as Middle East Tensions Escalate 
Netflix Eyes South Korea for More Live Events as BTS Concert Livestream Approaches 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Oil Prices Hold Steady Amid Middle East Escalation and Sanctions Relief 
Gold Prices Extend Losing Streak, On Track for Worst Weekly Loss Since 1983 
Trump Signals End of U.S. Military Campaign Against Iran as Markets Rally 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
Shinhan Bank and Naver may be operating in the financial and technology business areas, but both have jumped into a new industry and are ready to compete with other companies. The two firms are set to heat up the food delivery market as they intensify their services in this line of business.
Shinhan Bank owns the Ttaenggyeoyo food delivery service, which was launched late last year. The financial company is working to gain more customers as it is determined to have a bigger market share and beat rivals.
On the other hand, Naver has yet to launch its “N Delivery” food delivery platform in November, but it is already raring to go and compete in this industry as well. Their entrance into the food delivery game made them the newest additions to this growing business in South Korea.
As per The Korea Times, Shinhan Bank, which is currently the biggest lending firm in the country, has already gained more than one million customers for its Ttaenggyeoyo food delivery service. This is a great achievement as the bank only started operating the business in January.
It was reported that it was successful in raising its market share in a short period of time. Shinhan Bank was able to do this by offering many benefits to customers as well as restaurant owners. The perks are better than any rival delivery players.
For Naver, its strategy to attract customers for its N Delivery platform is to provide better service by making use of its own map, online payment, and reservation system. As the company already has everything needed for the transactions, it believes this will be its advantage to become the best food delivery service.
"We are a newcomer in the market so it is hard to say if our new service will be a threat to Baemin or Coupang,” an official at Naver said in a statement. “We will focus on providing the best quality service to both restaurant owners and customers."
Meanwhile, Baedal Minjok, a.k.a Baemin, Coupang Eats, and Yogiyo are currently the leading food delivery services in the country, but with the entrance of Shinhan Bank and Naver to provide the same service to the consumer, the two are now being viewed as a threat to the top three food delivery players that have been dominating the market for years.
