Tmoney announced on the 1st that it would partition its mobility division to establish a new company called Tmoney Mobility.
Tmoney Mobility plans to enhance its competitiveness as a specialized company in mobility fintech and platforms, activating public transportation-centered integrated mobility services, and securing new growth momentum through strategic partnerships and investment attraction in the rapidly changing mobility market.
Kakao Mobility will support the advancement of public transportation and public service infrastructure through equity investment and strategic collaboration. This is expected to revitalize the domestic mobility sector by promoting domestic tourism linked to mobility services and discovering new services.
In particular, Tmoney Mobility plans to focus on activating projects for transportation and digital vulnerability, promoting region-specific Mobility as a Service (MaaS) initiatives, and fostering collaboration with local governments and the transportation industry. Tmoney Mobility aims to fulfill its social responsibilities as a corporation that is committed to ESG management.
Tmoney Mobility CEO Jo Dong-wook said, “We will create a mobility ecosystem for everyone with innovative services that pursue public interest,” adding, “We will become a mobility fintech and platform corporation that connects and consolidates the services needed for daily movement.”