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 [...]
SEOUL, July 25 (Korea Bizwire) – The head of Kakao Mobility Corp., South Korea’s leading ride-hailing company, said Monday he has asked the firm’s largest shareholder, Kakao Corp., to postpone its plan to sell part of its shares to a private equity fund amid strong protest from Kakao Mobility’s labor union, sources said. According to [...]
SEOUL, July 12 (Korea Bizwire) — A push by Kakao Corp. to sell part of its shares of Kakao Mobility Corp. to a private equity fund has drawn strong protest from its labor union, which criticized the South Korean tech giant for neglecting its corporate social responsibility. Kakao, which currently owns a 57.5 percent stake [...]
SEOUL, May 17 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing company, said Tuesday it has forged a business partnership with Miki Taxi, a major taxi operator in Guam, to provide ride-hailing services in the U.S. Pacific territory. Through the partnership with Miki Taxi, which operates approximately 40 percent of all taxis in [...]
SEOUL, May 12 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing company, said Thursday it will begin offering access to local ride-hailing services in seven Southeast Asian countries by partnering up with global mobility platform provider Splyt Technologies Ltd. Through the partnership, users of the company’s Kakao T application will be able to [...]