Car rental service Socar is branching out into people-to-people (P2P) car sharing with its new Trevo service. The app provides a sharing marketplace that enables drivers to book a vehicle from car ...

SK Inc. and Lotte Rental signed a deal not to sell their shares during the lock-up period of six months after the IPO,” Park said. Founded in 2011, SoCar provides car-sharing, electric bicycle ...

Andonghwa, head of SOCAR's car-sharing group, noted, “Through this partnership, we have created opportunities to offer SOCAR members more reasonable mobility and outlet shopping benefits,” and ...

The ruling by the Supreme Court could serve as a landmark decision for up-and-coming car rental and sharing companies as Korea's draconian regulations coupled with strong taxi driver unions have often ...

SOCAR also invested in autonomous driving startup RideFlux in 2018. The 11-year-old firm started the car-sharing service with 100 rental cars in Jeju in 2011 and launched its mobile app in 2012. SOCAR ...

Car sharing firm Socar said Friday that it has newly attracted ... The company’s car sharing business started in 2011 with 100 rental cars. It acquired mobile messenger startup VCNC in 2018 ...

Unlike current ride-share services which function like taxis, SoCar provides short-term car rentals, starting at 30 minutes.