{"id":28147,"date":"2024-05-23T16:48:46","date_gmt":"2024-05-23T14:48:46","guid":{"rendered":"https:\/\/altaviawatch.com\/?p=28147"},"modified":"2024-05-23T16:48:46","modified_gmt":"2024-05-23T14:48:46","slug":"south-korea-hy-to-launch-new-food-delivery-app-knowk-next-month","status":"publish","type":"post","link":"https:\/\/altaviawatch.com\/en\/retail-today\/retail-updates\/south-korea-hy-to-launch-new-food-delivery-app-knowk-next-month\/","title":{"rendered":"South Korea: Hy to launch new food delivery app ‘Knowk’ next month."},"content":{"rendered":"

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\n \n \"food <\/a>\n <\/div>\n<\/div>[vc_empty_space height=”54px”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]\n\n\tS<\/span>outh Korean retail company Hy is set to launch its new food delivery platform, Knowk, in June. This move marks Hy’s entry into the competitive food delivery market. The company is currently recruiting restaurant partners with the promise of taking care of business promotion, allowing owners to focus solely on food preparation.<\/span><\/p>\n

Hy emphasizes its commitment to collaborating with local businesses, offering industry-low commission rates of 5.8% and eliminating fixed fees, advertising costs, and registration fees for its partners. Additionally, the app will offer free delivery services to customers without any minimum order requirements.<\/span><\/p>\n

Leveraging its network of over 11,000 “Fresh Managers,” Hy aims to promote popular eateries through the Knowk app. This launch is part of Hy\u2019s broader strategy to evolve into a comprehensive distribution company. Last April, Hy acquired a 66.7% stake in Meshkorea, operator of the Vroong delivery app, for $58.5 million. The acquisition is intended to integrate Meshkorea\u2019s logistics system with Hy\u2019s services, enhancing competitiveness and creating new business models through synergistic operations.<\/span>[\/vc_column_text][vc_empty_space height=”57px”][\/vc_column][\/vc_row][vc_row content_text_aligment=”center”][vc_column parallax=”content-moving” parallax_image=”5672″]

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\n\t\t\t\t.newsletter\t\t\t<\/h2>\n\t\t\t\t\t<\/div>\n<\/div>[vc_column_text]Get the latest news on the retail sector!<\/span>[\/vc_column_text][vc_empty_space][vc_btn title=”Subscribe” style=”outline-custom” outline_custom_color=”#ffffff” outline_custom_hover_background=”#666666″ outline_custom_hover_text=”#ffffff” shape=”square” class=”c-link” href=”http:\/\/2fforms.sbc32.com\/” target=”_blank” rel=”noopener noreferrer” data-stringify-link=”http:\/\/2Fforms.sbc32.com” link=”url:https%3A%2F%2Fforms.sbc30.net%2F65046ef85fef6a5fa6e7a5c0%2FYjOyn8WLT_a35h7axR0zhQ%2Fform.html|target:_blank”][vc_empty_space height=”12px”][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

The company is currently recruiting restaurant partners with the promise of taking care of business promotion, allowing owners to focus solely on food preparation.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[579,157],"tags":[],"acf":[],"yoast_head":"\nSouth Korea: Hy to launch new food delivery app 'Knowk' next month. - Altavia Watch<\/title>\n<meta name=\"description\" content=\"The company is currently recruiting restaurant partners with the promise of taking care of business promotion, allowing owners to focus on food preparation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/altaviawatch.com\/en\/retail-today\/retail-updates\/south-korea-hy-to-launch-new-food-delivery-app-knowk-next-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea: Hy to launch new food delivery app 'Knowk' next month. - 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