Kakao’s education platform Yanadoo buys GPS cycling app operator Cufit

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South Korean online English education startup Yanadoo under Kakao Corp. acquired Cufit Inc., the operator of the country’s largest GPS-based cycling app, Openrider, with the aim of creating a virtual world where users can enjoy both offline and online riding, has said the company. Wednesday.

Openrider is a popular app among cyclists in Korea for its comprehensive ride management services, including bike speed measurement, ride record management, popular bike route recommendations, and connectivity with other devices. other smartwatches, wearables and bike sensors.

With around 1.7 million member users, the app recently launched a cycle route planning and navigation service.

Yanadoo with Openrider plans to run an integrated Yafit Cycle metaverse cycling app for online and offline users. He hopes to lure a membership of around 5 million users to the app by combining his existing 3 million users with Openrider’s 1.7 million.

The new Openrider upgraded with the metaverse will allow its users to enjoy the same mileage services and growth experience both online and offline, said Kim Jung-soo, visionary director of Yanadoo.

By Oh Dae-seok and Lee Ha-yeon

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]

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