The ride-hailing service plans to return at some point but only after it's reached an accord with the government.
The car-hailing service has been operating despite the city's argument that it's illegal. It says its latest move is an effort to establish "a consensus" with government officials.
The South Korean capital says it will give up to 1 million won, or a little more than $900, to anyone who reports cases of Uber drivers carrying paying customers.
After a tense battle, the City government of Seoul will crack down on UberX following the service's launch, offering rewards for reporting drivers.
The new partnership between the South Korean city and BMW, GM, Kia, and Renault Samsung sees prospective electric car buyers being offered up to $24,825 in incentives.
South Korea's capital city says it will arrest drivers on the spot if the UberX service, currently in a free testing phase, becomes fully operational.
Uber's Asian expansion hit a snag in South Korea as Seoul's city government claims the service is illegal under current laws.
Women's rights group UN Women says that though the car-hailing service did sponsor one of its events, there was no talk of a partnership on job creation for women.
A German court provided a preliminary ruling that could ban UberPop, but it didn't prevent the company's other services from operating in the country.
The round was led by Japan-based e-commerce giant Rakuten. Lyft says it'll use the cash to expand its operation in the US, among other things.