S Korea's Kakao Mobility to acquire car pool startup Luxi for $23.3m

S Korea's Kakao Mobility to acquire car pool startup Luxi for $23.3m

An employee of mobile messager Kakao Talk displays the mobile game "Anipang" on a smartphone at the company in Seongnam, south of Seoul, March 26, 2013. REUTERS/Lee Jae-Won

Kakao Mobility, the cab-hailing and transport services unit of South Korea’s mobile services giant Kakao, is acquiring local car pool startup Luxi for KRW25.2 billion ($23.3 million), the company said in a statement posted on its Korean website.

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