SEOUL, Dec. 13 (Korea Bizwire) — Germany-based company Delivery Hero has agreed to buy South Korea’s top food delivery app operator, Woowa Brothers Corp., for US$4 billion, industry officials said Friday. The German firm, which also has second-biggest delivery player Yogiyo under its wing, will acquire an 87 percent stake in Woowa Borthers, operators of [...]
SEOUL, Dec. 13 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Friday it will allow combined payment with cash and mileage for flight tickets from late 2020 to better serve its customers. Starting from November next year, customers can purchase tickets using their accumulated mileage together with cash or credit [...]
SEOUL, Dec. 12 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it has recently approved a request from a same-sex couple to use combined miles. Earlier this week, a female same-sex Korean couple submitted a marriage certificate they obtained in Canada to apply for the airline’s SkyPass family members [...]
SEOUL, Dec. 12 (Korea Bizwire) — Amid the recent crisis surrounding ride-hailing app Tada’s possible shutdown, internet giant Kakao Corp. plans to introduce a new van taxi hailing service. Kakao Mobility, the transportation arm of Kakao, announced on Wednesday that it will begin testing the new Kakao T Venti service. The new service will first [...]
SEOUL, Dec. 6 (Korea Bizwire) — A National Assembly committee on Friday passed a revision bill on effectively outlawing the controversial taxi business of Tada, a South Korean ride-hailing service operator. The revision to the passenger transport service act, approved by the parliamentary transportation panel, restricts the outsourcing of drivers for the use of rental [...]
SEOUL, Dec. 5 (Korea Bizwire) – South Korea successfully tested its first light civil helicopter developed with domestic technologies, the industry ministry said Thursday, paving the way for possible commercialization. The prototype edition of the light civil helicopter flew for around 20 minutes at the headquarters of the Korea Aerospace Industries (KAI) in the southern [...]
SEOUL, Dec. 4 (Korea Bizwire) — Seoul Metro said Wednesday it is preparing to launch parcel delivery service in the capital area by utilizing its existing infrastructure, such as depots, old train cars and subway stations. Seoul Metro, a public corporation of the Seoul Metropolitan Government in charge of operating subway lines 1-8 and part [...]
SEOUL, Nov. 29 (Korea Bizwire) — Seoul’s taxi industry has challenged the taxi-hailing service market dominated by mobility companies. Launched Thursday, the Onda Taxi app is attracting attention in that it is the first call service introduced by the city’s two largest taxi unions against Kakao Taxi and Tada. The Onda taxi service will be [...]
SEOUL, Nov. 28 (Korea Bizwire) – For the first time since the Labor Standards Act was enacted in 1953, housekeepers will be classified as full-time employees. The Ministry of Science and ICT created a committee to review new technologies and services Wednesday and decided on a total of six cases to pass as “regulatory sandboxes” [...]
SEOUL, Nov. 28 (Korea Bizwire) — Storytel, a Sweden-based audio book streaming provider, officially launched a Korean service Thursday, tapping the tech-savvy Asian country with an underdeveloped market for audio books. South Korea is now one of the 19 countries Storytel is currently servicing since its founding in 2005 in the Scandinavian country. South Korea [...]