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Self-driving car pilot begins in Daegu on 10.6 kilometer course

A consortium led by Autonomous a2z, a local mobility start-up, began a pilot test of a self-driving ride service on streets in Daegu, Tuesday.

2022-11-29

Kakao to raise 10 billion won to support mobility service workers

Kakao said on Wednesday that it will raise 10 billion won ($7.2 million) over the next five years to support taxi drivers and chauffeurs.

2022-09-07

Kakao Mobility to test its late-night taxi service on Fridays, Saturdays

Kakao Mobility will conduct a test run on its late-night taxi service on Fridays and Saturdays, according to industry sources Thursday.

2022-09-01

Kakao Mobility to expand ride-hailing business into Europe

Kakao Mobility is expanding its ride-hailing business into Europe, the transportation company said Wednesday.

2022-08-31

Kakao axes plan to sell stake of Kakao Mobility after backlash from employees

Kakao called off its plan to sell a stake in Kakao Mobility, after facing strong opposition from employees.

2022-08-18

Stricter rules on scooters see people hop on e-bikes

Electric bikes are seeing new popularity as the demand for electric scooters falls due to tightened regulations in the country.

2022-08-09

Kakao Mobility CEO asks for suspension of share sale talks

Ryu Gung-seon, CEO of Kakao Mobility, said in an internal notice on Monday that he "asked for a halt to discussions of a stock sale deal," according to the company's union.

2022-07-25

Kakao to stick with plan to sell off mobility spinoff shares

Kakao, which holds a 57.5 percent share of Kakao Mobility, held an online conference with the mobility company’s employees on Monday to discuss the possible sale of the company's shares to a private equity firm.

2022-07-19

LG Electronics and Kakao Mobility sign transportation deal

LG Electronics and Kakao Mobility signed a memorandum of understanding last Friday to develop transportation services related to advanced mobility technologies.

2022-06-22

Kakao Mobility sale to private equity group opposed by union

A union is opposing the possible sale of a large stake in Kakao Mobility to a private equity group, throwing another roadblock in the way of the parent company's efforts to unload shares in its subsidiary.

2022-06-20

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