profishingrods.com
profishingrods.com February 21, 2018


Didi Chuxing and SoftBank team up for ride-hailing in Japan

10 February 2018, 01:46 | Cameron Gross

China`s Didi Chuxing and Soft Bank Group Corp will roll out a venture in Japan later this year. Image source Reuters

China's Didi Soft Bank target Japan in taxi-hailing push

Some of the world's best-known carmakers have teamed up with Chinese car-hailing firm Didi Chuxing to develop plans for a new electric car-sharing service in China.

The partnership will use DiDi technology to raise the efficiency of taxi operators and drivers in Japan, according to the company. Didi has raised almost $20 billion including a $4 billion round for global expansion which closed in December.

The two firms said in a statement they aim to trial matching services in Japan this year.

On Thursday Toyota Motor Corp said it would take a stake in taxi-hailing service JapanTaxi, set up by Japan's largest taxi firm, Nihon Kotsu, whose president, "prince of taxis" Ichiro Kawanabe, has vigorously opposed deregulation.




Line, the messaging app company, has been the most successful new entrant with its Uber-like ride-hailing service, but Japanese taxi companies have adapted to the competition by bringing on-demand features their services, as the Financial Times recently reported.

Tech-based disruptors like Didi and Uber Technologies Inc, as well as traditional carmakers, are all looking to get ahead in the ride-hailing market, amid a global shift in the auto industry towards car sharing, autonomous driving and electric vehicles. USA -based Uber Technologies is focusing on taxi-hailing here amid regulatory and other headwinds to its mainstay contract-driver-based business model.

There are also plans to integrate satellite services, such as insurance, maintenance and fix, parking spaces and charging points, into an industry-wide platform that Didi said will reduce costs and enhance efficiency for the entire EV supply chain.

Complications and conflicts are nothing new. Now, however, those relationships are moving into new levels of complication when SoftBank directly backs a new competitor in a market served by Uber.



Other News

Trending Now

Brock Lesnar to return to the UFC: Dana White makes stunning statement
It should be noted that the company recently sent out SummerSlam travel package promotional artwork that did not include Lesnar. Lesnar was called out by Jon Jones for a potential super fight not too long ago, so this could be one fight which happens.

LeBron James: What Cavaliers trades REALLY mean for his 2018 free agency
The argument could be made that James shouldn't exert too much energy at this point in the season, and that's a solid viewpoint. ESPN's Dave McMenamin reported the chants were in full swing when Tristan Thompson and Jeff Green were at the free-throw line.

Yoel Romero not eligible for interim UFC title after missing weight
As a result, only Rockhold can claim the middleweight title should he defeat Romero in the Perth Arena on Sunday. Rockhold doesn't believe Cormier will return to the 205-pound division and that opens a window of opportunity.

SpaceX latest launch refuels fascination with space
The rocket is also said to be the most powerful rocket in operation in the world according to a New York Times article. Like so many others, NASA astronaut Ricky Arnold was awe-struck by the livestreaming of " Starman " and his ride.

MS Dhoni Becomes First Indian Wicketkeeper to Effect 400 ODI Dismissals
His form is the only pressing concern for the Indian team , yet not so much that he will be left out of the playing eleven. South Africa have had a huge boost ahead of this fourth ODI with star batsman AB de Viliers returning to the fold.

Kristina Shannon accuses Paul Marciano of sexual assault
Upton previously told Time magazine that Tsai was sacked "in what seemed to be retaliation" for his acting as a buffer for her. She was sacked from the shoot the next day, as was the protective snapper, she claims. "It made me question what I was doing.

Eagles Player Cuts Wrestling Promo At Super Bowl Parade
Patriots quarterback Tom Brady took to Instagram Friday, reflecting on last Sunday's Super Bowl loss to the Philadelphia Eagles . Tom Brady breaks his silence after the Patriots suffered a brutal loss to the Eagles in Super Bowl 52 on February 4.

'Angel Investor' Mahesh Murthy arrested in sexual harassment case
Pandey, who chose to go public with her allegations against Murthy, said, "I am no longer ashamed of what I went through". In her post , she said, "I wished Mahesh Murthy Merry Christmas n a new year I got a response something like that".

Google Appears Ready to Turn Android Messages Into Android's iMessage
A new version of Android Messages, however, seems to be packing major changes under the hood. "Text over Wi-Fi and data". Tombs notes that the code refers to multiple computers, so users should be able to pair both a laptop and desktop.

Turkey fulfills all obligations to EU
AP reported that it could not immediately reach the European Commission, which verifies compliance, for comment. The EU Commission will assess Turkey's position paper in terms of meeting its requirements.