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June 30, 2017 01:08 pm GMT

Chat app Kakao raises $437M for its Korean ride-hailing service

Korea’s Kakao, the country’s top mobile messenger company with some 50 million monthlyusers, has continued to diversify its business with a move to spin-out the unit managing its mobility services, which include a ride-hailing app that is beating Uberin Korea.The firm announced that ‘Kakao Mobility’ has now become an independent entity in a move that sees U.S. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hHJbM43yJT0/

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