Kakao Union "Welcomes Withdrawal of Mobility Sale Review"

Participants are shouting slogans at the rally opposing the sale of Kakao Mobility to MBK and urging Kakao to fulfill its social responsibilities, held in front of Gwanghwamun D Tower in Jongno-gu, Seoul on the 25th. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Yuri Choi] The Kakao labor union has welcomed Kakao's decision to withdraw the review of the sale of Kakao Mobility.

On the 18th, the Kakao labor union released a statement saying, "The withdrawal was achieved through the participation of members of the Kakao community."

On the same day, the Kakao Community Alignment Center (CAC) officially announced the suspension of the review of changes in the shareholder composition of Kakao Mobility.

The union stated that since the sale suspension was decided through discussions in the labor-management consultative body, they intend to actively cooperate as a growth partner of the company going forward.

They explained that to prepare plans for the sustainable growth of Kakao Mobility beyond the sale, a dialogue platform among stakeholders must be continuously operated.

Seongwook Seo, head of the Kakao labor union branch, said, "We welcome the decision to withdraw the sale, which was a result led by the active participation of employees of the Kakao community (affiliates). As the union is the official channel connecting the members of Kakao Mobility and the company, we will continue to actively cooperate with the company for the growth of Kakao Mobility."

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