DidiChuxingandSoftBanktorollouttaxiventureinJapan
Date:2018-02-09
Source:iyatrip.com
Official Site:https://www.jetgo.cn
The move into Japan underscores a recent push by Didi to beef up its presence in markets outside China and intensifies the firms global battle with U.S. rival Uber.
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Chinese ride hailing giant Didi Chuxing will set up a venture with SoftBank to provide ride-hailing and other services for the Japanese taxi industry, the companies said in a statement on Friday. The two firms aim to establish the joint venture and begin trial services in Japan this year. SoftBank is an existing investor in Didi, which raised $4 billion to fund its global push in December at a valuation of more than $50 billion. Read Original Article
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