SEOUL, Aug. 23 (Korea Bizwire) — Mobility service provider T Map Mobility said Monday it was the beneficiary of an investment of 200 billion won (US$149 million) from KB Kookmin Bank. With this investment, the retail lender emerged as T Map Mobility’s fourth-largest shareholder with an 8.3 percent stake. T Map Mobility said this is [...]
SEOUL, Feb. 11 (Korea Bizwire) — After suffering sluggish performance in the designated driver service market, T Map Mobility Co. is exploring new ways to catch up to rival Kakao Mobility Corp, South Korea’s top taxi-hailing company. The mobility unit under telecom operator SK Telecom Co. plans to integrate two independent apps – T Map [...]
SEOUL, Jan. 19 (Korea Bizwire) — The local market for middle-mile delivery, a business-to-business (B2B) logistics that delivers goods from factories to logistics warehouses or sales outlets by truck, is emerging as a new battleground for mobility platforms. T Map Mobility, a mobility unit under telecom operator SK Telecom Co., acquired a 100 percent stake [...]
SEOUL, April 9 (Korea Bizwire) — T Map Mobility Co., a mobility unit under telecom operator SK Telecom Co., said Friday it will issue new shares to raise 400 billion won (US$357.3 million) as it seeks to compete with larger rival Kakao Mobility Corp. The taxi-hailing app operator will issue 4.57 million new common shares [...]