Gold Price Hits Two-Month High as Investors Await US Inflation Data 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds 
Kakao Mobility Co. Ltd., a transportation company based in South Korea, has formed an alliance with four major delivery services to boost sales while cutting operation costs as well. The company signed deals with Dealver, Delion Group, Super Hero, and Manna Planet on Monday, Jan. 30.
According to The Korea Economic Daily, Kakao Mobility said it has inked an agreement with the firms for delivery service business. They will jointly work on the development of the “last mile industry" with the mentioned delivery firms.
It was explained that the ”last mile” is referring to the last step in the delivery of products to customers. Kakao’s mobility unit is planning to link the four delivery firms to orders from Kakao T Walking Delivery, a type of service that delivers simple items like groceries, bakery items, and cosmetics to customers living within a 1.5 km radius from the stores.
Kakao Mobility’s goal for these partnerships with delivery companies is to build a "win-win" model in this line of business and motivate the market. Moreover, for the deals, it will be developing a sharing platform that will link the orders from Kakao T Walking Delivery. Kakao Mobility will also be the one that will operate this system.
Dealver, Delion Group, Super Hero, and Manna Planet will be receiving support from Kakao Mobility. This setup will allow it to focus on the quality management of the deliveries.
Meanwhile, Kakao Mobility has also entered the Laos market recently. The Korea Times reported that it is set to sign an agreement with LVMC Holdings, a Vietnamese mobility company soon.
The firm said on Tuesday, Jan. 31, that once the deal is completed, it will launch its local service platform in the country this year. It will also offer services that are specially created for the Laotian market.
"With the company's entry to the Laotian market, we will continue to create successful overseas expansion cases that demonstrate global competitiveness in Southeast Asia ― a major mobility market in the world," an official at Kakao Mobility stated.
