Yogiyo’s Acquisition Bidding Attracts Major Korean PEFs and Retailers

Yogiyo, Korea’s second-largest food delivery service provider, draws preliminary bidders in its takeover bid, including major domestic retailers and PEFs. Yogiyo, South Korea’s second-biggest online food delivery platform, has attracted around ten preliminary bidders, many of which are domestic retail giants. In particular, Yogiyo has drawn players such as the department store operator Shinsegae and various private equity firms. Some of the…
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