Friday, October 16, 2020

Uber to invest $50M in SK Telecom's T Map Mobility in South Korea, and $100M in a new ride-hailing joint venture with SK Telecom for a 51% stake (Sohee Kim/Bloomberg)

Sohee Kim / Bloomberg:
Uber to invest $50M in SK Telecom's T Map Mobility in South Korea, and $100M in a new ride-hailing joint venture with SK Telecom for a 51% stake  —  - Carrier splitting off its mobility business as Uber invests  — Uber renewing efforts in a country where it's not had success



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