On the 18th, Kakao Mobility (CEO, Eung-seon Ryu) announced on the 18th that it has attracted 200 million dollars (approximately 220 billion won) investment from the Carlyle Group, a global investment company.
Based on this investment attraction, Kakao Mobility plans to aggressively expand new business and invest in technology. The plan is to further accelerate the realization of’smart mobility’ that goes beyond simply providing various means of transportation, moving objects or services that people need, and solving all the needs of movement on one platform.
This Carlisle investment attraction took place in three and a half years after the TPG investment in 2017, and was evaluated at a corporate value of 3.4 trillion won (based on post money). Amid growing expectations for the domestic mobility market, Kakao Mobility, a leader in the domestic mobility industry, is showing its competitiveness and explosive mid- to long-term growth potential. Kakao Mobility, which has actively built partnerships with other companies and startups, is expected to revitalize the growth of the domestic mobility industry as a result of securing large-scale funds.
Related Articles
Kia Motors to Activate Kakao Mobility and Electric Vehicles
Kakao Mobility starts autonomous driving call shuttle service
Kakao Mobility Demonstrates Next-Generation Autonomous Driving Technology’Flock Driving’
Kakao Mobility, job posting for careers
Gung-seon Ryu, CEO of Kakao Mobility, said, “Based on this investment, we have grown to a level that can compete with global players in terms of technology as well as scale, solving all inconveniences of mobility and creating a more relaxed and valuable daily life. “As a representative player in the domestic mobility industry, we will actively cooperate with various companies including startups to build a virtuous cycle structure that enables the entire domestic mobility ecosystem to grow based on Kakao T. “I said.
Kim Jong-yoon, Managing Director of Carlisle Asia Partners, said, “Kakao Mobility has grown into the nation’s largest MaaS platform based on its excellent data analysis and technical capabilities under the leadership of a management with extensive experience. “I am very pleased to have this partnership, and through Carlyle’s expertise in technology and IT and its global network, we will promote the growth of Kakao Mobility and contribute to creating long-term value for society by driving innovation.”