South Korea's right is looking to remake itself after a massive defeat in this week's snap presidential election that left it with little power to challenge the ruling Democratic Party. New leader Lee Jae-myung and his party now control parliament and the presidency with Tuesday's polls exposing the smouldering resentment in South Korea over former President Yoon Suk Yeol's botched martial law declaration in December.

South Koreas conservative People Power Party (PPP) is in turmoil after a crushing defeat in the snap presidential election, where Democratic Party leader Lee Jae-myung secured a decisive 49.42% of the vote.

Left-leaning challenger Lee Jae-myung won South Korea’s presidential election, ending three years of conservative rule in a race that was largely a verdict on his ousted predecessor’s botched attempt to revive martial law in the longstanding US ally.