Lee Jae-myung wins South Korea’s presidency as Kim Moon-soo concedes defeat

Lee Jae-myung wins South Korea’s presidency as Kim Moon-soo concedes defeat

With 70% of the votes counted, Lee of the Democratic Party held a strong lead at 48.523%, prompting his main rival, conservative Kim Moon-soo, to concede defeat, according to a report

South Korea’s Democratic Party’s presidential candidate Lee Jae-myung, center, and his wife Kim Hea Kyung, right, greet supporters and residents as they leave from a home in Incheon, South Korea, on Tuesday. AP