ride-hailing service Archives

Supreme Court Upholds Acquittals of Former CEOs of Ride-hailing Service Tada

SEOUL, June 1 (Korea Bizwire) — The Supreme Court on Thursday upheld lower courts’ rulings in favor of the ride-hailing service Tada and its former chief executives, putting an end to a long controversy over the legitimacy of the innovative rental car service. The top court approved the lower courts’ acquittal of Lee Jae-woong, former [...]

Court Rules Ride-hailing Service Tada is Legitimate Rental Car Service

SEOUL, Feb. 19 (Korea Bizwire) — A Seoul court ruled in favor of the ride-hailing service Tada as a legitimate rental car service Wednesday, in a landmark decision that will likely support the mobility platform industry. The Seoul Central District Court acquitted Lee Jae-woong, car-sharing app operator SoCar, and Park Jae-uk, head of SoCar’s subsidiary [...]