Lotte Rental is Korea's No. 1 car rental and leasing firm Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing company Lotte Rental Co.According to industry sources on Friday, Lotte Group will hold a bo
Socar commercial featuring Chinese actress Tang Wei (Courtesy of Socar) South Korea’s mobility platform operator Socar Inc. has introduced a car-sharing service utilizing generative artificial intelligence in cooperation with the country’s web portal giant Naver Corp. to cement its
Lotte Rental CEO Choi Jin-hwan unveils the company's business plans during its CEO IR Day Lotte Rental Co., South Korea’s largest car rental firm, has dropped its plan to enter the domestic used car sales market. Instead, it will strengthen its used car rental and commercial vehicle leasi
(Courtesy of Getty Images) Humax Mobility, a South Korean car-sharing and parking platform operator, is aiming to become the second mobility service firm to go public in the country, following Kospi-listed SoCar. The car-sharing platform on Feb. 22 picked KB Securities Co. as the bookrunne