Uber Intensifies Competition Against Kakao in South Korea

Reported about 1 month ago

Uber is amplifying its operational efforts in South Korea to compete with the leading local firm Kakao, which dominates over 90% of the market. CEO Dara Khosrowshahi emphasized the company's rapid growth since its return to South Korea in 2021, aiming to expand its taxi driver network and increase its market share in a region that remains crucial for Uber after exiting other major Asian markets.

Source: YAHOO

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