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Navigation Systems Evolve into Comprehensive Online Platforms

Navigation Systems Evolve into Comprehensive Online Platforms

SEOUL, May 21 (Korea Bizwire) — Navigation systems are evolving beyond the functionality of providing directions to drivers towards car-related life platforms. Kakao Mobility Corp., the operator of the nation’s No. 2 navigation service Kakaonavi, recently signed a development cooperation deal with the state-run utility Korea Electric Power Corp. to introduce an all-in-one function that [...]

SKT, Grab Launch Joint Venture for SE Asian Market

SKT, Grab Launch Joint Venture for SE Asian Market

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Wednesday it will partner with Grab, Southeast Asia’s largest ride-hailing app, to provide real-time navigation services based on big data. SK Telecom and Grab signed an agreement to establish a joint venture, Grab Geo Holdings, in charge of developing advanced [...]