SEOUL, Oct. 7 (Korea Bizwire) — The operator of rental van-hailing service Tada said Monday it will sharply increase the number of service vehicles and drivers next year to meet rising demand. But its expansion strategy drew an immediate backlash from the country’s transportation authorities, which have been seeking to intervene in months-long wrangling between [...]
SEOUL, Oct. 6 (Korea Bizwire) — The rental van-hailing service Tada said Sunday that its service will be available across all metropolitan areas by the end of this year. The Tada service, launched in October last year and operated by car-sharing app SoCar’s subsidiary Value Creators & Company (VCNC), will expand services — which now [...]
SEOUL, Jul. 18 (Korea Bizwire) — A prolonged dispute between the taxi industry and the mobility service industry is drawing to a close as the Ministry of Land, Infrastructure and Transport announced new regulations on Wednesday obligating mobility platforms to pay public donations. The ministry also decided to restrict all mobility platforms except for those [...]
SEOUL, Jun. 27 (Korea Bizwire) — Doing business in a legal gray area needs a lot of guts and an elaborate scheme, and that is especially so in South Korea’s tightly regulated taxi industry, which sets high barriers for mobility startups seeking to enter the market without taxi licenses. The latest major challenger is Tada [...]
SEOUL, May 29 (Korea Bizwire) — Controversy looms over innovation and protection of victims as the dispute between Tada, a ride-hailing service, and the taxi industry continues to deepen. Experts argue that the 4th Industrial Revolution and the expansion of the sharing economy has made it inevitable for the ride service industry to go through [...]
SEOUL, Apr. 24 (Korea Bizwire) — A dispute has flared up between the Seoul Metropolitan Government and Tada, a South Korean luxury cab-hailing service, as the company strongly went against the city’s demand to pay deposit. Kakao Mobility (Kakao Black), Uber Korea (Uber Black), and VCNC, the company in charge of the Tada brand, are [...]