Breaking News Agreed to reduce brokerage fees by 2.0% to 7.8% and increase delivery costs by 0 to 500 won

Photo Source: Yonhap News

The plan for a win-win consultative group, which has been drawn by delivery platforms and stores for nearly four months over brokerage fees, has dramatically reached an agreement.

Delivery platforms such as Baedal Minjok and Coupang Eats, small business associations, and the National Council of Merchants held the 12th meeting at the Seoul Government Complex this afternoon and agreed on ways to cut brokerage fees.

According to the agreement, the 9.8% brokerage fee rate, which has been paid by the store company, will be reduced by 2.0% to 7.8%, regardless of the current sales volume.

The top 35% of sales will be charged a commission rate of 7.8%, the middle 45% 6.8%, and the bottom 20% will be charged a commission rate of 2%.

The delivery fee will be 500 won for the top 35%, 200 won for the middle 45%, and the bottom 2% the same as the current one.

The agreement was signed when Baedal Minjok and Coupang Eats, who have been expressing their opinions, agreed on brokerage commission rates and delivery fees, and some stores agreed.

On the other hand, the Food Service Industry Association and the National Council of Blinders opposed the brokerage fee agreement.

The government said it will implement the agreement as soon as possible as the computer system is reorganized.