Carlyle to invest $200m in Korea's Kakao Mobility
The Carlyle Group has invested $200 million in Kakao Mobility, a transportation-focused spinout from Korea’s Kakao Corporation that offers taxi-hailing, designated driver, and other services.
The private equity firm is committing capital from its fifth pan-Asian fund, which closed at $6.55 billion in 2018. TPG Capital is already an investor in Kakao Mobility, having led a consortium that contributed...
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