Search results for Uber Taxi
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.
Commentary
Sputnik moment
The columnist writes that new technologies often meet resistance from established interests, citing examples from ride-hailing, home-sharing and historical innovations from printing to railways. He describes the “Sputnik moment” as a shock from a rival that triggers major investment and rapid technological progress, citing the U.S. response to the Soviet Sputnik launch and China’s push after AlphaGo-era defeats. He says AI’s resurgence also marked such a moment and hopes Korea can create its own.
