Posted on

Kakao Mobility picks up ‘super app’ startup Splyt, once backed by SoftBank and Grab



Share

Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile. It has acquired Splyt, a startup out of London that works with apps in areas like travel, ride-hailing and finance to help them build out “super app” strategies by integrating other services.
Kakao Mobility has already worked with Splyt, and it wants to use the asset to spur global expansion plans across Southeast Asia and Europe. Kakao Mobility currently offers limited services in about 30 markets outside of South Korea: most recently, it launched in Guam last year and Laos earlier this year.
“Splyt and Kakao Mobility’s technology teams have been collaborating since 2019 to integrate and enable global ride-hailing services for Kakao T users through Splyt’s ride-hailing API platform,” CTO of Splyt …

Read More