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South Korea’s Mobile Taxi-hailing App Raises Driver Income by 37 pct

South Korea’s Mobile Taxi-hailing App Raises Driver Income by 37 pct

SEOUL, Oct. 16 (Korea Bizwire) — Taxi drivers saw a more than 37 percent rise in their income after Kakao Taxi, a mobile taxi-hailing service, was introduced three and a half years ago. Kakao Mobility announced on Monday that taxi drivers, who used to earn 110,894 won per day back in early 2016, now earn [...]

Taxi Drivers Protest Against Kakao’s “Illegal” Carpooling Venture

Taxi Drivers Protest Against Kakao’s “Illegal” Carpooling Venture

SEONGNAM, Oct. 12 (Korea Bizwire) — South Korean taxi drivers held a second round of demonstrations in front of the head office of Kakao Mobility situated in Pangyo, Seongnam in Gyeonggi Province yesterday, protesting against Kakao’s expected carpool service. Over 500 members of the “committee against illegal carpooling” – composed of four taxi-related labor unions [...]

Kakao Mobility Joins Hands with JapanTaxi

Kakao Mobility Joins Hands with JapanTaxi

SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility, a South Korean firm that provides ride-hailing and driver-for-hire services, said Thursday that it has invested 1.5 billion yen (US$13.4 million) for a 3.4 percent stake in Japan’s largest taxi-hailing service, JapanTaxi Co., in a move to expand its services beyond the home market. The two firms [...]

Kakao Spins Off Transportation Services Unit

Kakao Spins Off Transportation Services Unit

SEOUL, Jul. 24 (Korea Bizwire) — The division at Kakao Corp responsible for its taxi-hailing and chauffeur services is being separated from South Korea’s largest messaging company, and will be launched as an independent entity next week. Starting in August, Kakao Mobility will operate as an independent entity, separated from its parent company Kakao Corp, [...]