Kakao Mobility Archives | Be Korea-savvy
LG to Invest 100 bln Won in Kakao Mobility

LG to Invest 100 bln Won in Kakao Mobility

SEOUL, July 2 (Korea Bizwire) — LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, on Friday said it will invest 100 billion won (US$87.9 million) in Kakao Mobility Corp., the country’s leading taxi-hailing firm, for future growth. LG said the investment will allow its affiliates, including LG Energy Solution Ltd. and [...]

KEPCO Teams Up with Kakao Mobility to Launch New EV Charging Service

KEPCO Teams Up with Kakao Mobility to Launch New EV Charging Service

SEOUL, May 18 (Korea Bizwire) — State-run utility Korea Electric Power Corp. (KEPCO) has teamed up with Kakao Mobility Corp., the country’s top taxi-hailing company, to provide a new electric vehicle (EV) charging service. The two parties recently signed a memorandum of understanding (MOU) to promote cooperation for the service development needed for the establishment [...]

Google to Invest Over 50 bln Won in Kakao Mobility

Google to Invest Over 50 bln Won in Kakao Mobility

SEOUL, April 1 (Korea Bizwire) — U.S. tech giant Google will invest more than 50 billion won (US$44.15 million) in Kakao Mobility Corp., the country’s top taxi-hailing company, parent Kakao Corp. said Thursday. Google will invest in Kakao Mobility by acquiring new shares worth 56.51 billion won, according to a regulatory filing from Kakao. The [...]

Kakao Mobility to Subsidize Cost of Electric Taxis

Kakao Mobility to Subsidize Cost of Electric Taxis

SEOUL, March 5 (Korea Bizwire) — Kakao Mobility, the mobility business unit of Kakao Corp. is spurring efforts to promote the introduction of electric taxis. The company recently launched an ‘Electric Taxi Support Program’ for privately owned taxi drivers who want to join the company’s affiliated taxi service, Kakao T Blue. The existing members of [...]

Kakao Mobility Announces Launch of Commercial Platform for Autonomous Driving

Kakao Mobility Announces Launch of Commercial Platform for Autonomous Driving

SEOUL, Dec. 21 (Korea Bizwire) — Kakao Mobility, the transportation arm the country’s dominant mobile messenger operator, Kakao, plans to introduce an autonomous driving program for commercial use. The company said Sunday it will work with Autonomous a2z Co., a self-driving solution developer, to introduce an autonomous driving service in the government complex area in [...]

Kakao T Lets You Know if Parking Lots are Full or Not Before Arrival

Kakao T Lets You Know if Parking Lots are Full or Not Before Arrival

SEOUL, Sept. 29 (Korea Bizwire) — Kakao Mobility, a firm that provides cab-hailing and driver-for-hire services, said Monday it added a new artificial intelligence (AI) function that can predict whether parking lots are full or not to its Kakao T Parking service, a first among South Korean parking apps. Previously, it was impossible for drivers [...]

Kakao Taxi Introduces Taxi Meter Application

Kakao Taxi Introduces Taxi Meter Application

SEOUL, July 27 (Korea Bizwire) — Kakao Taxi began South Korea’s first taxi meter application service for medium-sized taxis on Friday. Kakao Mobility, an affiliate of Kakao Corp., the operator of top South Korean messaging app KakaoTalk, announced on Friday that it had received the government’s regulatory sandbox permit to introduce taxi meter applications in [...]

Kakao Mobility Teams Up with GS Caltex to Promote Use of Electric Bicycles

Kakao Mobility Teams Up with GS Caltex to Promote Use of Electric Bicycles

SEOUL, July 22 (Korea Bizwire) – Kakao Mobility, a South Korean firm that provides ride-hailing and driver-for-hire services, had signed a business cooperation agreement with GS Caltex Corp. on Tuesday to promote the use of electric bicycles. GS Caltex, the second-biggest refiner by sales in South Korea, will install and run battery-charging facilities for Kakao [...]

Kakao to Expand Van-hailing Service

Kakao to Expand Van-hailing Service

SEOUL, Feb. 21 (Korea Bizwire) — Kakao Mobility, an affiliate of Kakao Corp., the operator of top South Korean messaging app KakaoTalk, plans to challenge the taxi van mobility service market through the expansion of Kakao T Venti, an 11-passenger van-hailing service. Sixteen former taxi drivers in Seoul recently became new drivers for Kakao T [...]