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#KakaoMobility #TMAP #RyuGeungSeon #LeeJaeHwan #Kakao #SK #KakaoTaxi #KakaoT 'Ridiculous Fees' Kakao T vs. 'Seizing Opportunity' TMAP! Article: https://www.ajunews.com/view/20260504... 'Ridiculous Fees' Kakao T vs. 'Seizing Opportunity' TMAP Kakao T cried, while TMAP laughed. On the 4th, the economic program 'Today Up & Down,' broadcast on the Aju Business YouTube channel Aju ABC, covered Kakao Mobility (hereinafter 'Kakao T'), which was recently caught imposing fees in a bizarre manner and received sanctions from both the Fair Trade Commission (hereinafter 'FTC') and the National Assembly, and TMAP Mobility (hereinafter 'TMAP'), which, in contrast, has been quietly growing its business and emerging as a competitor to Kakao T. Kakao T was Down, while TMAP was Up. Kakao Mobility #TMAP #RyuGeungSeon #LeeJaeHwan #Kakao #SK #KakaoTaxi #KakaoT The broadcast on this day highlighted Kakao T's absurd fee imposition method, which has been in place for a long time. Despite "roaming" being a business where taxi drivers pick up passengers directly on the street without the mediation of an app, Kakao T has been imposing a 20% commission on it. The Fair Trade Commission (FTC) determined that this fee was unfair and imposed a fine on Kakao T last year. However, Kakao T has appealed the decision and is currently engaged in administrative litigation. In the broadcast, reporter Park Sang-woo criticized the company, stating, "Kakao T collected commissions without playing any role in the middle. It is clearly illogical to anyone. Yet, instead of showing a remorseful attitude, Kakao T refuses to accept the FTC's ruling and continues the lawsuit. They know one thing but not the other." While Kakao T's arguments are being partially accepted in the lawsuit, the National Assembly has changed the law itself. In January of this year, the "Act Prohibiting Commission Imposition on Kakao Mobility's Roaming Business" passed the plenary session of the National Assembly, meaning that starting on the 11th, Kakao T will no longer be able to charge commissions for roaming business. The industry views this issue as "a serious problem requiring a complete overhaul of the revenue structure, rather than merely a reduction in fees in specific areas." Previously, Kakao T collected a flat 20% of the total fare as a franchise fee from affiliated taxi drivers, but this practice has become impossible due to the recent legislation. Broadcasts described the situation as "not a simple matter, as it alters the company's external appearance," and indeed, Kakao T has begun revising its contracts to exempt ride revenue not generated through Kakao Call from commission fees. On the other hand, TMAP is in a positive mood. While Kakao T's image has been tarnished by the commission controversy, TMAP has quietly remained faithful to its core business and has embarked on business diversification. It recorded 283.5 billion won in revenue last year, and both its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and net profit turned positive. This marks the first time both indicators have turned profitable. TMAP is expanding its business based on its high market share in the navigation market. The app provides a variety of driving-related services, including navigation, designated driver services, parking, and car rentals. Thanks to the success of these services, the number of Monthly Active Users (MAU) reached an all-time high of 15.39 million last year. The broadcast predicted, "While Kakao T is still a Goliath in the mobility industry, the landscape could change dramatically following this fee controversy. TMAP, which has steadfastly remained faithful to its core business, could once again surge forward in the mobility sector." Meanwhile, 'Today Up & Down' is a program designed to help viewers study the economy and understand the world by sharing the hidden stories behind companies. It airs on weekdays at 3 PM.

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