Deal focus: Warburg Pincus rides with China’s eDaijia
It is estimated that around three shots of soju is sufficient for an adult to attain a blood alcohol content of 0.05% and therefore be in violation of Korea’s laws that prohibit driving while intoxicated. Punishments start at six months in jail or a KRW3 million ($2,700) fine.
Legislation targeting drunk driving has been around for 20 years. It has given birth to a cottage industry of designated drivers who, for a fee, ferry the intoxicated individual home in their own vehicle....
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