SEOUL, Aug. 30 (Korea Bizwire) – The chief executive of the global mobility platform Uber said Friday the company sees South Korea as a vitally important market, stating his commitment to growing the company’s taxi business here. “Korea is a large taxi market, and one with strong market opportunity and growing e-hail penetration,” Uber CEO [...]
SEOUL, Dec.16 (Korea Bizwire) – Uber Technology has announced that it signed an agreement with KEB Hana Bank and Hana Capital to provide financial services to Uber Taxi and Uber Black. With the signing of the agreement, taxi drivers who use the Uber platform will be provided with various financial services by the two organizations. [...]
“Uber doesn’t want to do business under an uncertain legal environment. Related to this issue, we sent an official letter to the mayor of Seoul city to clarify the laws and revise if necessary.” “We want to work with taxi operators and I want the city government to help us open up conversations with taxi [...]
SEOUL, Dec. 23 (Korea Bizwire) — The Seoul metropolitan city government will grant up to 1 million won (US$907) to those reporting cases of unlicensed drivers carrying paying customers. This is specifically designed to discourage Uber from doing business in Seoul. The Seoul city government said this on December 19, adding that it would implement the city [...]
![[In-depth] “Kakao Taxi” Expected to Change Landscape of Korean Taxi App Market](http://koreabizwire.com/wp/wp-content/uploads/2014/12/30244206_m-800x533.jpg "[In-depth] “Kakao Taxi” Expected to Change Landscape of Korean Taxi App Market")
SEOUL, Dec. 18 (Korea Bizwire) – As Daum Kakao, Korea’s largest mobile messenger service provider, is set to launch a mobile call taxi service “Kakao Taxi” by the first quarter of next year amid the ongoing controversy over Uber, the taxi app industry is likely to undergo a sea change. Comparing to Uber which was [...]
SEOUL, Dec. 9 (Korea Bizwire) — It is by now a well-known fact that Uber has stepped on so many city officials’ toes by launching taxi services in major cities across the world. In Korea as well, the Ministry of Land, Infrastructure, and Transport and the Seoul city government tried to stop the service by declaring it [...]
SEOUL, Dec. 2 (Korea Bizwire) – In spite of the sharp warning from the Seoul Metropolitan Government, Uber Korea began its Uber X commercial service from December 1. As the Seoul city government made clear that it would severely crack down on the illegal service, further conflict between the two is inevitable. Uber Korea announced on [...]
SEOUL, Nov. 13 (Korea Bizwire) – The Seoul Taxi Association accused an Uber taxi driver to prevent Uber taxis from running on the Seoul streets. The association announced on November 12 that it charged the Uber chauffeur on the 5th with illegally operating a rental car. The driver ran a rental Mercedes to deliver passengers [...]