Tag: kakao mobility

kakao mobility

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Kakao Mobility, key execs indicted for fair trade violations over blocking rival ride requests

Prosecutors on Monday indicted Kakao Mobility, its chief executive and other executives on charges of violating fair trade laws over allegations that the company blocked taxi ride requests to pressure rival franchise operators.

2026.1.26

Taxis waiting for customers are parked at a street in Andong, North Gyeongsang, on March 27. [YONHAP]

Kakao Mobility, Uber Korea rev up competition with taxi subscription service

Kakao Mobility and Uber Taxi Korea are launching rival subscription plans, with both companies offering discount programs in what they claim is a bid to enhance customer satisfaction.

2025.8.27

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Kakao's Q2 net profit soars 97% on platform growth, equity gains

Korean tech giant Kakao said Thursday its second-quarter net profit nearly doubled from a year earlier, driven by robust growth in its platform business and increased equity gains.

2025.8.7

A Kakao Mobility self-driving car is being tested in the Pangyo area of Seongnam, Gyeonggi. [KAKAO MOBILITY]

Kakao Mobility pursues Waymo, Baidu partnerships for driverless taxis

Kakao Mobility, Korea’s top ride-hailing platform operator, is reportedly in talks with global autonomous vehicle leaders Waymo and Baidu to launch a self-driving taxi service in Korea.

2025.7.18

A 3-D model of the Diriyah Project displayed in Saudi Arabia

Kakao Mobility to provide a parking platform solution for Riyadh's Diriyah Project

Kakao Mobility will provide a parking platform solution for Saudi Arabia’s $63 billion Diriyah Project, marking the company’s first global export of its parking technology.

2025.6.1

Pictured is a Kakao Blue taxi operated by Kakao Mobility at Seoul Station, central Seoul, in February 2023. [YONHAP]

Kakao Mobility subsidiary fined $2.81M over unfair practices

Korea's antitrust watchdog said Wednesday it has imposed a fine of 3.88 billion won on a subsidiary of Kakao Mobility, operator of the nation's leading taxi-hailing service, for engaging in unfair business practices.

2025.5.28

Kakao Mobility expands ride-hailing app k.ride to 12 more countries

A mobility platform exclusively for foreign travelers, k.ride, will be available in 12 additional countries, Kakao Mobility announced Thursday.

2025.3.27

A taxi partnered with Kakao Mobility [YONHAP]

Kakao Mobility fined $2.47 million for alleged accounting fraud

Kakao Mobility, the operator of the country's most used taxi hailing service provider, was fined for alleged accounting fraud on Wednesday and referred to prosecution for further investigation.

2024.11.6

Two Kakao T Blue taxis on the streets of downtown Seoul in November 2023. [YONHAP]

FTC fines Kakao Mobility for demanding 'trade secrets' from competitors

Korea’s antitrust regulator has fined Kakao Mobility, the nation’s largest ride-hailing service provider, 72.4 billion won ($54.8 million) and plans to file charges with the prosecution.

2024.10.2

A Kakao T Blue taxi parked in Seoul in February, 2022 [YONHAP]

FTC fines Kakao Mobility $54.8 million for antitrust violations

Korea’s antitrust regulator has imposed a fine of 72.4 billion won ($54.8 million) on Kakao Mobility, the nation’s largest ride-hailing service provider, and will file charges with the prosecution.