Kakao,Grab,vietnam economy,Vietnam business news,business news,vietnamnet bridge,english news

Kakao Mobility, the mobility unit of South Korea’s mobile giant Kakao, and Grab, Southeast Asia’s leading ride-hailing app, are mulling a partnership in Vietnam, reported The Investor. 

The two firms are currently talking about a cooperation via Splyt Technologies, a London-based startup Grab has invested in June. Splyt is a global mobility market place that provides convenient access to ride-hailing services to international users. 

The cooperation mainly aims to serve South Koreans visiting Vietnam, a popular destination for South Koreans. 

“We’re discussing with Grab and Splyt to launch a service in Vietnam,” a Kakao Mobility spokesperson was quoted by The Investor. “When visiting Vietnam, South Koreans could use Grab’s mobility services such as taxi, motorbikes, or carpooling via Kakao T but we are not sure which services will be available first.” 

Vietnam might be the first destination that users of Kakao T, Kakao Mobility‘s app, as Grab’s operation reaches eight Southeast Asian countries including Thailand and Indonesia. 

But Grab’s service in South Korea is not part of the discussion, both Grab and Kakao Mobility said. 


If successful, Kakao’s presence in Vietnam would mark its second overseas expansion after it signed a partnership with Japan Taxi last year to enable call taxi services for Korean users. 

Launched in 2012 as a ride-hailing app, Grab has become an “everyday app” that also provides food delivery and financial services. 

Kakao T, a leading mobility platform in South Korea, processes 1.5 million calls everyday on average for its call taxi service. Hanoitimes/The Investors

Nguyen Tung

Malaysia proposes $20 million fine on Grab for abusive practices

Malaysia proposes $20 million fine on Grab for abusive practices

The Malaysia Competition Commission (MyCC) has proposed a fine of over 86 million ringgit (20.5 million USD) on ride-hailing firm Grab for violating competition law by imposing restrictive clauses on its drivers.

Grab to invest $500 mln in Vietnam in next five years

Grab to invest $500 mln in Vietnam in next five years

Grab Holdings Inc. announced on August 28 that it will invest $500 million in Vietnam in the next five years to expand its services in the country.  

Grab, Go-Viet, and Be: who is the stingiest?

Grab, Go-Viet, and Be: who is the stingiest?

Bonus payments for ride-hailing drivers seem a lot less forthcoming now that the firms have gained a firmer foothold in Vietnam. Comparing Grab, Go-Viet, and newcomer Be, the Singaporean giant seems the most tight-fisted.