SEOUL, Mar. 20 (Korea Bizwire) — Tago Solutions, a local taxi franchise, said Wednesday that it has joined hands with tech giant Kakao Corp. to launch a new cab-hailing platform that guarantees rides. The new service, Waygo Blue, is designed to keep drivers from refusing riders who are traveling short distances, as the customer’s destination [...]
SEOUL, Mar. 19 (Korea Bizwire) — Hyundai Motor Co. and its affiliate, Kia Motors Corp., will invest a combined 338.4 billion won (US$300 million) in India’s biggest ride-hailing firm, Ola, in their single biggest investment ever, Hyundai said Tuesday. Hyundai Motor and Kia Motors will invest $240 million and $60 million, respectively, in Ola to [...]
SEOUL, Mar. 15 (Korea Bizwire) — SK Telecom Co. (SKT), in collaboration with Coactus Ltd., a South Korean social firm, released a “T map Taxi” application specially designed for cab drivers with hearing disabilities on Thursday. The new application notifies the driver of incoming ride requests via a blinking lamp and allows the driver to [...]
SEOUL, Mar. 15 (Korea Bizwire) — South Korea joined other countries to ban all Boeing 737 Max aircraft from its airspace due to safety concerns, the transport ministry said Friday. On Thursday, the Ministry of Land, Infrastructure and Transport issued a Notice to Airmen (NOTAM) to inform pilots and airline operators of its decision to [...]
SEOUL, Mar. 15 (Korea Bizwire) — Choe Joseph, a financial consultant at Murex Korea Ltd., loves that his new office is fully set up for him and his seven colleagues at a WeWork workspace in downtown Seoul. The Paris-based software developer for financial institutions moved to WeWork Jongno Tower in November 2018 under a multi-year [...]
SEOUL, Mar. 14 (Korea Bizwire) — Korean Air Lines Co., South Korea’s largest airline, said Thursday that it will not operate B737 Max 8s to be delivered in the coming months until safety issues are fully settled. Korean Air plans to add six B737 Max 8s to its fleet this year, with the first delivery [...]
SEJONG, Mar. 11 (Korea Bizwire) — South Korea said Monday it has launched a probe into two B737 MAX 8 passenger planes as a precaution following the crash of an Ethiopian Airlines jet. A team of four officials visited Eastar Jet Co., a South Korean low-cost carrier, and began to look into the autopilot and [...]
SEOUL, Mar. 11 (Korea Bizwire) — Delivery services in South Korea are in the midst of diversification. In addition to delivery services for famous restaurants, there are now services that deliver pork belly grilled at ‘shared kitchens’. Even lunch boxes from convenience stores, shampoo, and other everyday goods can now be delivered. Delivery Hero Korea, [...]
SEOUL, Mar. 11 (Korea Bizwire) — Artificial intelligence (AI) technology will be introduced to conduct a real-time estimation of the locations with the highest demands for cabs in Seoul. Seoul Metropolitan Government announced that an AI taxi system test driven last November on 380 taxis showed 97.2 percent accuracy in predicting locations with high demand [...]
SEJONG, Mar. 8 (Korea Bizwire) — The South Korean Ministry of Land, Infrastructure, and Transport announced on Thursday plans to introduce a new identification system at airports that will not require any identification except for fingerprints or vein recognition to identify a person. The ministry also plans to build duty-free stores in the arrivals hall [...]