Search results for Uber Taxi
Industry
South Korea FTC begins pre-merger review of Uber-Delivery Hero deal
South Korea\'s Fair Trade Commission has begun a pre-merger review of Uber Technologies\' planned acquisition of all shares in Germany\'s Delivery Hero. The regulator will examine whether service linkages such as memberships and advertising and promotions across taxi-hailing and delivery could affect market competition, as Uber would gain control of food delivery app Baedal Minjok. Uber plans to complete the tender offer subscription in November and close the share acquisition in the second half of 2027.
Industry
Mobility platforms target festival, tourism demand to monetise movement data
With the May holiday period approaching, mobility platforms in South Korea are expanding into festivals and tourism to monetise accumulated movement data and user bases. Companies are linking data to local government event operations, shuttle services and foreign tourist group travel. TMAP Mobility is applying an AI festival-movement solution to a horticulture expo, while Kakao T Shuttle is adding event routes. Socar is running discounts in depopulating areas, and Whistle is expanding parking enforcement alerts.
Industry
Uber takeover rumor swirls around Kakao Mobility as Tesla launches six-seat Model Y L
Questions over business expansion and possible governance changes at Kakao Mobility have surfaced at the same time. As talk emerges of Uber taking management control, Kakao Mobility has continued a profitability improvement trend with operating profit rising for a third straight year. Uber Taxi launched its Premier Van service to target demand for large-vehicle ride-hailing. Tesla is strengthening its push across products, software and services, including introducing a long-wheelbase, three-row six-seat Model Y L in South Korea.
