Jeongyukkak goes bankrupt as brand shifts to new owner in South Korea
Jeongyukgak CI. /Courtesy of Jeongyukgak This article was displayed on the ChosunBiz MoneyMove (MM) site at 3:58 p.m. on Oct. 21, 2026. The Foodtech startup Jeongyukkak, once noted for “ultra-fresh” livestock product delivery, has gone bankrupt. After entering corporate rehabilitation last year, it sought normalization through mergers and acquisitions (M&A) but failed to find a…

