Kakao Rolls Out High-end Taxi-hailing App

SEOUL, Oct. 20 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s most popular messenger app KakaoTalk, unveiled on Tuesday a premium cab-booking application that offers users luxury car services, as it seeks to monetize its platform business amid concerns on low profitability. KakaoTaxi Black will be available at a minimum fare of 8,000 [...]