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April 11, 2021
Head of IR Planning [Starts Abruptly] [Foreign Speech] Today, the achievements and strategic plans for MNO will be provided by Poong Young Yoon, Head of Corporate Center 1; and Hyung-il Ha, Head of Corporate Center 2, will discuss that of the new ICT business division. We also have here with us executives from the relevant business division to deepen your understanding. Before we begin, I want to remind you that all forward-looking statements are subject to change depending on the macroeconomic...
April 2, 2021
Google to invest over $44 mn in taxi-hailing firm Kakao Mobility By IANS | 4 Views Google.. Image Source: IANS News Seoul, April 2 : Tech giant Google will invest more than 50 billion won ($44.15 million) in Kakao Mobility Corp., the top taxi-hailing company in South Korea. Google will invest in Kakao Mobility by acquiring new shares worth 56.51 billion won, according to a regulatory filing from Kakao. The deal, which places Kakao Mobilitys total value at 3.35 trillion won, will give ...
February 14, 2021
Posted : 2021-02-14 16:59 Updated : 2021-02-14 17:05 This file photo shows Uber taxis parked at Banpo Hangang Park in southern Seoul. / Courtesy of Uber By Kim Bo-eun A new player in the local mobility market is drawing attention to whether it will be able to challenge Kakao Mobilitys dominance. In December, SK Telecom launched its new mobility unit T Map Mobility, which is preparing to establish a joint venture with Uber in April. The Fair Trade Commission approved the launch of the joint ve...
February 10, 2021
Courtesy of SK Telecom South Koreas antitrust regulator has approved the proposed joint venture between the US-based ride-hailing company Uber Technologies I
January 8, 2021
Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea’s l
December 29, 2020
SKT goes up against Kakao for mobility services market share