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Kakao to Expand Van-hailing Service

Kakao to Expand Van-hailing Service

SEOUL, Feb. 21 (Korea Bizwire) — Kakao Mobility, an affiliate of Kakao Corp., the operator of top South Korean messaging app KakaoTalk, plans to challenge the taxi van mobility service market through the expansion of Kakao T Venti, an 11-passenger van-hailing service. Sixteen former taxi drivers in Seoul recently became new drivers for Kakao T [...]

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

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 [...]

Taxi Industry Launches Challenge to Ride-hailing Market

Taxi Industry Launches Challenge to Ride-hailing Market

SEOUL, Nov. 29 (Korea Bizwire) — Seoul’s taxi industry has challenged the taxi-hailing service market dominated by mobility companies. Launched Thursday, the Onda Taxi app is attracting attention in that it is the first call service introduced by the city’s two largest taxi unions against Kakao Taxi and Tada. The Onda taxi service will be [...]

Prosecutors Indict Ride-hailing Service Executives

Prosecutors Indict Ride-hailing Service Executives

SEOUL, Oct. 29 (Korea Bizwire) — South Korean prosecutors Monday indicted the heads of Tada, a ride-hailing service, declaring the app-based business illegal. Lee Jae-woong, chief executive of car-sharing app operator SoCar, and Park Jae-uk, chief executive of its rental car hailing service unit, Value Creators & Company (VCNC), will face a trial without physical [...]