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Can SOCAR Go The Distance?

Leon Foong, CEO, SOCAR

10-Dec-18 08:05

Can SOCAR Go The Distance?

SOCAR is a South Korean car-sharing start-up that launched in 2011, and kicked off its operations in Malaysia in January this year.

Is car-sharing a viable solution to Malaysia’s mobility problem? Why the need for it since we already have ride-hailing?

Leon weighs in.

We also discuss the notion of whether car-sharing is mostly limited to the tourist market and simply an updated car-rental service.

Is there a pathway to profitability or is the goal for SOCAR simply growth and market share?

We ask Leon this.

Listen in.

Presented by: Joyce Goh


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Categories:  Business AnalysisAutoTechnologyTechSocial Issues

Tags:  car-sharingride hailingUBERindustry 4.0Grabtechnologyinternet of things





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