SEOUL, Feb. 8 (Korea Bizwire) – The Seoul Metropolitan Government announced on Thursday that it had granted a taxi company license to Tago Solutions Ltd. as of February 1. Licensed taxi companies must secure 4,000 cars and pass an evaluation held by the city. Tago Solutions has met the criteria since September of last year. With the [...]
SEOUL, Feb. 1 (Korea Bizwire) — Seoul’s Gangnam Station, and the neighborhoods of Jongno, Hongdae, and Itaewon turned out to be some of the worst areas to hail a taxi during the night, highlighting the need for new means of late night transportation. The Seoul Digital Foundation and Kakao Mobility Corp. revealed the results of [...]
SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s finance minister said Wednesday that local carpooling services will only get off the ground after an understanding is reached between Kakao Mobility Corp. and representatives from the taxi industry. The comments by Hong Nam-ki came nearly two weeks after a taxi task force decided to join a [...]
SEOUL, Jan. 22 (Korea Bizwire) — The ruling party, the government, and the taxi and carpooling service sectors launched a social dialogue body Tuesday in an effort to explore win-win strategies over shared mobility. Taxi associations have been strongly opposed to the introduction of carpooling services by Kakao Mobility Corp., the operator of South Korea’s [...]
SEOUL, Jan. 15 (Korea Bizwire) — The taxi industry, which is opposing the introduction of ride-sharing ventures, is trying to innovate by introducing new services such as a taxi paging application and premium taxis. This month, the ‘T-One’ taxi app will launch, which will compete against similar apps from Kakao Corp. and SK Telecom Co. [...]
SEOUL, Jan. 14 (Korea Bizwire) — The Seoul Metropolitan Government has announced plans to develop vehicles specially designed to serve as taxis, with the goal of introducing the new design by 2022. The city included in its four-year plan a new taxi design to better resemble the city with inclusive features, benchmarking Britain’s signature Black [...]
SEOUL, Jan. 4 (Korea Bizwire) — Kakao Mobility Corp. announced on January 3 that it has signed a joint business agreement with Tago Solutions in order to provide high quality taxi services and improve the welfare of taxi drivers. With the signing of the agreement, the two companies are planning to introduce high-quality services with [...]
SEOUL, Dec. 21 (Korea Bizwire) — Transport Minister Kim Hyun-mee revealed Friday a proposal already offered to cab drivers for them to adopt a system similar to that used by Uber to solve their chronic business problems, as social conflict was growing over the launch of a commercial ride-sharing platform. “If you look at Uber [...]
SEOUL, Dec. 14 (Korea Bizwire) — Kim Kil-jun, a taxi driver for 22 years, thought his taxi-hailing app was like a business partner, something that helped him get more fares, but now he feels like the platform has turned on him and become a powerful competitor in South Korea’s growing mobility market. The app’s operator, [...]
SEOUL, Dec. 13 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Thursday it has decided to delay the launch of its carpool service after a taxi driver committed suicide by setting himself on fire in protest. Kakao, which operates South Korea’s most popular mobile messenger application, KakaoTalk, earlier kicked off a pilot run [...]