SEOUL, Aug. 24 (Korea Bizwire) — A group of taxi drivers who are affiliated with Kakao Mobility Corp., the country’s top taxi-hailing company, are facing sanctions from from the firm after asking passengers not to the service. According to industry sources, Kakao Mobility issued warnings to a total of 33 affiliated taxi drivers who were [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]