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, Jul. 17 (Korea Bizwire) — In what could signal an end to a monthslong tussle between conventional taxi service providers and new mobility platform operators, the government on Wednesday proposed easing regulations for new ride services, while outlining measures to support the taxi service industry. The taxi industry has been at odds with ride-sharing [...]
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. 2 (Korea Bizwire) — Uber Technologies Inc. announced on Tuesday that it will be launching a cab-hailing service in Seoul. Uber Taxi, available for all Seoulites, automatically assigns cabs at the nearest location when customers hail a taxi. Information on the driver will be displayed in the app once the taxi is assigned. [...]
SEOUL, Mar. 28 (Korea Bizwire) — The city of Seoul announced on Wednesday that it had selected “Seoul Hybrid Taxi App Meter”, which was developed by Korea Smart Card Co., a taxi card payment terminal operator, to submit to the Ministry of Science and ICT’s ‘regulatory sandbox’. A regulatory sandbox is a system that exempts [...]
SEOUL, Mar. 20 (Korea Bizwire) — Tago Solutions, a local taxi franchise, said Wednesday that it has joined hands with tech giant Kakao Corp. to launch a new cab-hailing platform that guarantees rides. The new service, Waygo Blue, is designed to keep drivers from refusing riders who are traveling short distances, as the customer’s destination [...]
SEOUL, Mar. 15 (Korea Bizwire) — SK Telecom Co. (SKT), in collaboration with Coactus Ltd., a South Korean social firm, released a “T map Taxi” application specially designed for cab drivers with hearing disabilities on Thursday. The new application notifies the driver of incoming ride requests via a blinking lamp and allows the driver to [...]
SEOUL, Mar. 11 (Korea Bizwire) — Artificial intelligence (AI) technology will be introduced to conduct a real-time estimation of the locations with the highest demands for cabs in Seoul. Seoul Metropolitan Government announced that an AI taxi system test driven last November on 380 taxis showed 97.2 percent accuracy in predicting locations with high demand [...]
SEOUL, Mar. 7 (Korea Bizwire) — The government, taxi businesses and a shared mobility operator agreed Thursday to permit app-based carpooling services during morning and evening commute hours. Taxi associations have been strongly opposed to the introduction of carpooling services by Kakao Mobility, the operator of South Korea’s largest taxi-hailing app, claiming it will put [...]
SEOUL, Feb. 12 (Korea Bizwire) — T-ONE Mobility, in collaboration with four taxi unions in South Korea, has announced the launch of T-ONE, a cap-hailing mobile application. The application will be available on Google Play for trial over the next ten days. After selecting a destination, the app automatically hails a taxi based on the [...]