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February 9, 2018 04:56 am GMT
This week isn’t turning out to be great one for Uber in Japan.Two of its investors — Didi and SoftBank — are teaming up to launch a rival service, while one of its existing competitors has just landed a big cash infusion and highly influential backer after Toyota backed JapanTaxi. The auto giant said it will invest7.5 billion JPY ($69 billion) into JapanTaxi, an… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/eL9DF7ZjCVY/
Toyota invests $69M in Japanese Uber rival backed by the taxi industry
This week isn’t turning out to be great one for Uber in Japan.Two of its investors — Didi and SoftBank — are teaming up to launch a rival service, while one of its existing competitors has just landed a big cash infusion and highly influential backer after Toyota backed JapanTaxi. The auto giant said it will invest7.5 billion JPY ($69 billion) into JapanTaxi, an… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/eL9DF7ZjCVY/
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