Delivery Hero orders up South Korea's Woowa for $4 billion in world's biggest food app deal
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SEOUL (Reuters) - Germany's Delivery Hero has agreed to buy South Korea's top food delivery app operator Woowa Brothers for $4 billion and form a joint venture to take on heavyweights like Uber Eats in other fast-growing Asia markets.The deal, announced on Friday by Woowa, is the biggest global play so far for a food delivery app, one of the hottest tech sectors around. Woowa said the sale was "a survival strategy" in an intensely competitive market and also the biggest deal involving a South..