Jung Won-oh Concedes Seoul Mayoral Race, Vows to "Humbly Accept Citizens' Choice"

Politics|
|
By Kang Do-rim
||
(Seoul=News1) Reporter Ahn Eun-na = Jung Won-oh, the Democratic Party's Seoul mayoral candidate, speaks on the 9th nationwide local elections at his campaign office on Sejong-daero in Jung-gu, Seoul, on the morning of the 4th. 2026.6.3/News1 - Seoul Economic Daily Politics News from South Korea
(Seoul=News1) Reporter Ahn Eun-na = Jung Won-oh, the Democratic Party's Seoul mayoral candidate, speaks on the 9th nationwide local elections at his campaign office on Sejong-daero in Jung-gu, Seoul, on the morning of the 4th. 2026.6.3/News1

Jung Won-oh, the Democratic Party of Korea's candidate for Seoul mayor, conceded defeat on Tuesday, saying he would "gravely and humbly accept the choice of the citizens."

Speaking at his campaign headquarters in Jung-gu, central Seoul, Jung said, "I fell short, and everything is my fault." He added, "I failed to reach closer. I failed to win hearts more broadly," bowing his head as he said, "I am sorry to the citizens who trusted and stood with me, the campaign volunteers, campaign staff, and fellow party members for failing to live up to your expectations." He also said, "I extend my congratulations to candidate Oh on his victory."

In exit polls released by the three major terrestrial broadcasters immediately after voting closed the previous day, Jung was shown leading with 51.4 percent against Oh's 46.0 percent. The early stages of vote counting also appeared to favor Jung, but the gap narrowed rapidly after midnight.

According to the National Election Commission, as of 9:30 a.m. Tuesday with 97.70 percent of votes counted, Oh secured 48.94 percent, edging out Jung at 48.34 percent by a margin of 0.6 percentage points, or 30,359 votes, sealing his victory.

Original reporting by Kang Do-rim for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Chaebol Tree

Preview
Families Behind the GroupsKFTC May 2026 · DART filings

An English-first interactive map of Samsung, SK, Hyundai, LG and Lotte — built for foreign investors, correspondents and analysts. Korea translates companies into English. We translate the families behind them.

SIGNAL

Pre-register
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

Pre-register for SIGNAL English Edition — a premium subscription bringing Korean capital markets coverage (M&A, IPOs, private equity, fund flows) to global institutional investors. First access to the 50% introductory rate.