Chauffeur Industry Enraged over Kakao’s Acquisition of Smaller Firms

SEOUL, Sept. 29 (Korea Bizwire) — Small businesses are stepping up against internet giant Kakao Corp.’s offensive business expansion that is making life difficult for smaller industry players. The controversy flared up when Kakao’s mobility unit Kakao Mobility Corp., after announcing its plans to coexist with small businesses this month, recently acquired two additional chauffeur [...]