Korean transport innovation leader Kakao Mobility joins ITF Corporate Partnership Board

As a Corporate Partner of ITF, Kakao Mobility will join 29 other companies from around the world in working with the ITF on transport policy-related projects including decarbonising transport and new mobility.

Kakao Mobility is an application-based mobility company with the vision of making travel faster, more convenient, and more secure. The flagship service of Kakao Mobility is Kakao T, a taxi-hailing, chauffeur-hailing, and parking lot connection service. As of September 2018, Kakao T had more than 20 million users. Kakao Mobility’s other major product, a turn-by-turn navigation service called Kakao Navi, has 14 million users.

The ITF is an intergovernmental organisation with 59 member countries that facilitates global dialogue for better transport. It acts as a think tank for member governments and organises an annual summit of transport ministers. The Corporate Partnership Board (CPB) is the ITF’s platform for engaging with the private sector and enriching global transport policy discussion with a business perspective.

Young Tae Kim, Secretary-General of the ITF, said:

“We are very pleased to add Kakao Mobility to the ITF’s Corporate Partnership Board. Their experience with offering shared mobility services will add to the depth of knowledge available to the ITF and all its partners. It is fitting that Kakao Mobility begins its partnership with the ITF in the year of the Korean Presidency of our organisation, and that we were able to sign our agreement in Seoul last week.”

Joohwan Jung, CEO of Kakao Mobility, said:

“Understanding we represent the Korean mobility industry, we at Kakao Mobility feel a great sense of responsibility as a company. We look forward to engaging with the International Transport Forum and the other corporate partners to share our intellectual resources and contribute to the mobility revolution in domestic and global markets.”

The members of the ITF Corporate Partnership Board are: Abertis, AB InBev, Alstom, Aramco, Bird, Bosch, Brisa, ExxonMobil, Ford, Incheon International Airport, Kakao Mobility, Kapsch TrafficCom, Latvian Railways, Michelin, North Adriatic Sea Port Authority, NXP, PTV Group, RATP Group, The Renault-Nissan-Mitsubishi Alliance, SAS, Siemens, SNCF, Total, Toyota, Transdev, Uber, Valeo, Volvo Cars, Volvo Group and Waymo.

More information about the ITF’s Corporate Partnership Board, including recent work on autonomous driving, shared and inclusive mobility, data driven transport policy, decarbonising transport is available at www.itf-oecd.org/CPB

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Michael KLOTH
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