KOREA WHO
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CEO of Kakao Mobility
Ryu Geung-seon
Transformation from Genius Developer to Executive, Tasked with Successful IPO
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Last Updated on Apr 4, 2024
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CEO of Kakao Mobility
Life Summary
Ryu Geung-seon(Alex Ryu) is the CEO of Kakao Mobility.
To prepare for Kakao Mobility's initial public offering (IPO), he is strengthening the competitiveness of the taxi platform business and exploring various mobility services based on the mobile app KakaoT.
He is also focusing on expanding overseas by acquiring global mobility platform companies.
Born in 1977, he graduated from Seoul National University with a degree in Computer Science.
He began his career at Danal, where he served as Head of the Development Division, CEO, and CEO of the European branch.
He developed the world's first mobile payment system.
After joining Kakao Mobility in 2018, he served as co-CEO and has been the sole CEO since 2020.
In 2021, he turned Kakao Mobility profitable, but the IPO schedule has been delayed due to a downturn in the IPO market.
During the company's expansion, he faced controversies over abuse of power and algorithm manipulation allegations.
He is under investigation by the Financial Supervisory Service (FSS) for accounting fraud allegations. Despite the FSS's recommendation for his dismissal, he was reappointed as CEO.
#KakaoMobility #RyuGeungseon #IPO #KakaoT #mobilityservices #globalexpansion #mobilepayment #profitability #controversies #FSSinvestigation
To prepare for Kakao Mobility's initial public offering (IPO), he is strengthening the competitiveness of the taxi platform business and exploring various mobility services based on the mobile app KakaoT.
He is also focusing on expanding overseas by acquiring global mobility platform companies.
Born in 1977, he graduated from Seoul National University with a degree in Computer Science.
He began his career at Danal, where he served as Head of the Development Division, CEO, and CEO of the European branch.
He developed the world's first mobile payment system.
After joining Kakao Mobility in 2018, he served as co-CEO and has been the sole CEO since 2020.
In 2021, he turned Kakao Mobility profitable, but the IPO schedule has been delayed due to a downturn in the IPO market.
During the company's expansion, he faced controversies over abuse of power and algorithm manipulation allegations.
He is under investigation by the Financial Supervisory Service (FSS) for accounting fraud allegations. Despite the FSS's recommendation for his dismissal, he was reappointed as CEO.
#KakaoMobility #RyuGeungseon #IPO #KakaoT #mobilityservices #globalexpansion #mobilepayment #profitability #controversies #FSSinvestigation