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 [...]
SEOUL, April 16 (Korea Bizwire) — After only four days of poorer than expected results, South Korean cab summoning app Kakao T’s feature that hides the taxi caller’s desired destination from the driver until the pickup is agreed to has been withdrawn. This feature was introduced as a countermeasure against drivers who would cherry-pick taxi [...]
SEOUL, March 14 (Korea Bizwire) — Speaking at the Seoul Plaza Hotel on March 13, Kakao Mobility CEO Jeong Joo-hwan said the Kakao subsidiary would introduce new features to Kakao T, its taxi-hailing app with 18 million users, that would make hailing a cab quicker in exchange for a commission fee. The two features planned [...]
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, [...]