Uber joins forces with SK Telecom to crack tough South Korea market

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Uber to invest in South Korea SK Telecom's mobility business

SEOUL - Uber Technologies said on Friday it will invest over US$150 million in a joint venture and partnership with South Korea's SK Telecom Co Ltd, which is proposing to split off its mobility business.

The US ride-hailing company currently offers premium taxi-hailing and registered taxi-hailing services in South Korea, a market dominated by local player Kakao's mobility unit. Under the plan, SK Telecom would split off its mobility services including satellite navigation and taxi-hailing into a new company called T Map Mobility, which Uber would then back with a direct investment of US$50 million and another $100 million in a joint venture structure, the companies said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 8. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين