South Korean ride hailing giant fined highest in industry history
South Korean ride hailing giant fined for alleged unfair competition: On October 5th, Caixin reported that Kakao Mobility, a travel platform under South Korean IT giant Kakao, is the largest ride hailing platform in South Korea. Recently, the Korea Fair Trade Commission announced a fine of 72.4 billion Korean won (approximately 380 million yuan) on Kakao… Read More »South Korean ride hailing giant fined highest in industry history