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, [...]
SEOUL, June 28 (Korea Bizwire) – Kakao Corp, the South Korean internet giant, is planning on taking legal action against other chauffeur services, as drivers for the company’s popular “KakaoDriver” service have been victimized by improper conduct on the part of their rivals. Kakao announced on Monday, June 27, that it would file for an injunction [...]
SEOUL, April 11 (Korea Bizwire) – Korean internet giants Naver and Kakao are battling to take the lead in O2O (online to offline) businesses. Due to a limited number of different kinds of business opportunities to tackle in the IT industry, the projects laid out by the two companies are often in conflict. However, since the two [...]