Kakao Mobility to buy carpool startup Luxi for 25.2 bln won

(Source: Yonhap News) Kakao Mobility, a South Korean firm that provides cab-hailing and driver-for-hire services, said Wednesday that it will take over local carpool startup Luxi for 25.2 billion won (US$23.3 million) to meet growing demand for transportation service. Kakao Mobility said in a regulatory filing that it will .