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PHOTO FILE: The logos of Didi Chuxing and SoftBank are illustrated at a press conference on their Japanese joint venture of taxis and taxis in Tokyo, Japan, on July 19, 2018. REUTERS / Kim Kyung-Hoon
TOKYO (Reuters) – Didi Mobility Japan, a joint venture between Didi Chuxing (China) and SoftBank Corp (China), will extend its taxi service to 13 Japanese cities.
The app was launched for the first time in September in Osaka, a popular Chinese tourist destination, where it linked with 40 taxi companies in an increasingly busy market for such applications, which includes competitors. supported by Sony Corp and Toyota Motor Corp.
It will open in Tokyo and Kyoto from Wednesday, and another 10 sites will follow in the current fiscal year.
Despite the oversized presence of SoftBank in the global buyout industry, such services are effectively banned in Japan, forcing SoftBank's portfolio companies such as Didi and Uber to offer services that match the taxis offered to customers.
Didi is part of the growing number of companies supported by SoftBank Group Corp. who are launching joint ventures with SoftBank's national telecommunications network. The other startups that do it are the collaborative WeWork Cos joint venture and the Indian hotel start-up OYO.
As part of SoftBank's efforts to create synergies between the companies in its portfolio, users will be able to access the taxi service from Yahoo Japan's route search application and pay via PayPay, an application using Paytm's technologies. India.
Report by Sam Nussey; Edited by Himani Sarkar
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