VCNC Archives | Be Korea-savvy

Toss Operator to Acquire Major Stake in Mobility Firm VCNC

SEOUL, Oct. 8 (Korea Bizwire) — Viva Republica Inc., the company behind popular South Korean financial app Toss, said Friday it will acquire a 60 percent stake in VCNC, the operator of ride-hailing service Tada, in a move to enter the country’s competitive mobility market. The fintech-focused company said it signed a three-way memorandum of [...]

S. Korean Startup Launches Beta Version of Ride-hailing Service

SEOUL, Oct. 8 (Korea Bizwire) — South Korean mobility startup VCNC said Monday it has launched a new ride-hailing service in Seoul and an adjacent city with 11-seat vans in a move to get around a local transportation law. VCNC said hundreds of its passenger vans offer a service called Tada in Seoul and Incheon, [...]