Kakao Mobility attracts investment from Google… Scale ’55 .6 billion ‘

Kakao Mobility announced on day 1 that it has attracted strategic investment from Google. The meeting of the two companies is of great importance, as it is not just an investment, but a partnership to create various business opportunities.

Kakao Mobility and Google plan to cooperate as a priority in service innovation to improve user experience and discover new business that will contribute to market growth. Through this, the plan is to seek ways to contribute to the growth of the IT ecosystem by supporting the innovation of competent national companies.

In particular, based on Kakao Mobility’s broad portfolio of services ▲ The advancement of cloud-based artificial intelligence technology and comprehensive cooperation in cloud IoT ▲ The search for platform synergy between Google’s service and Kakao Mobility ▲ Various operating system (OS) software to enhance the user experience cooperation and search for new business opportunities.

The two companies are not limited to a one-time cooperation that is limited to a specific business, but regularly design cooperation plans to create synergies through strategic partnerships. Ultimately, the goal is to uncover new technology-based business opportunities and present growth engines in national and global markets.

Kakao Mobility CEO Ryu Eung-seon said: “We will maximize synergy so that we can become a global key player through long-term cooperation with Google.”

Google Korea President Kim Kyung-hoon said, “We look forward to making further contributions to the development of the Korean IT ecosystem through strategic cooperation with Kakao Mobility.”