SEOUL, March 19 (Korea Bizwire) – Kakao Mobility Corp., South Korea’s top taxi-hailing service operator, has been pushing for plans to reappoint its CEO, despite the state financial regulator’s recommendation to replace him amid allegations of accounting fraud, industry sources said Tuesday. In a general shareholders’ meeting slated for next week, Kakao Mobility will carry [...]
JEJU, Mar. 15 (Korea Bizwire) – Kakao Mobility, in collaboration with the startup RideFlux and the Jeju Free International City Development Center (JDC), announced on March 15 the launch of an autonomous driving service named ‘NEMO ride’ around a high-tech complex on Jeju Island. Designed to alleviate transportation challenges in areas known for heavy traffic congestion [...]
SEOUL, Dec. 19 (Korea Bizwire) — The startups ministry said Tuesday it will ask the antitrust regulator to file a complaint with the prosecution against Kakao Mobility Corp., the operator of the country’s top taxi-hailing service, on charges of unfair business practices. Kakao Mobility is suspected of manipulating its algorithm to give more of the calls received on its mobile taxi application to cabs under [...]
SEOUL, Dec. 13 (Korea Bizwire) — Kakao Mobility Corp., the operator of South Korea’s leading taxi-hailing service, said Wednesday it will introduce a new membership category for registered taxi drivers with cheaper commissions from drivers. Kakao Mobility said in a press release that the new membership for drivers will require 2.8 percent commission from taxi [...]
SEOUL, Nov. 24 (Korea Bizwire) – Kakao Mobility Corp., the operator of the ride hailing platform Kakao T, said Friday it will launch its service in five more countries next week as part of efforts to expand its overseas business. The move will bring to 37 the number of countries the South Korean-made ride-hailing service [...]
SEOUL, July 3 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Monday that it has inked a deal with Kakao Mobility Corp., a mobility subsidiary of South Korea’s tech giant Kakao Corp., to set up a joint venture in a bid to make inroads into the electric vehicle charging station [...]
SEOUL, March 22 (Korea Bizwire) — Kakao Mobility Corp., a mobility subsidiary of South Korea’s tech giant Kakao Corp, said Wednesday that it has acquired the British ride-hailing startup Splyt as part of its plans to go abroad. “The acquisition of Splyt is Kakao Mobility’s first overseas purchase deal,” the Korean company said in a [...]
SEOUL, Feb. 8 (Korea Bizwire) — Kakao Mobility Corp., the nation’s leading taxi-hailing service, was fined Wednesday for inappropriately requiring users to agree to provide personal information to a third-party company. The Personal Information Protection Commission said it decided to impose a fine of 6 million won (US$4,760) on the company for violating the personal [...]
SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility Corp., a mobility unit under South Korean internet giant Kakao Corp., said Monday it was launching a trial of an electric vehicle (EV) valet charging service through its navigation app Kakao Navi. Kakao Mobility expects this service to contribute to enhancing user convenience through the combination of [...]
SEOUL, Aug. 18 (Korea Bizwire) — Kakao Corp. said Thursday it has canceled its plan to sell part of its shares of Kakao Mobility Corp. to a private equity fund over repeated demands from the company union to scrap the plan. The South Korean tech giant, which currently owns a 57.5 percent stake in Kakao [...]