Toyota takes on Uber with ¥7.5 billion investment in Japanese taxi-hailing app

Toyota Motor Corp. said Thursday it will invest ¥7.5 billion in the developer of a taxi-hailing app to jointly create services that help cab drivers pick up customers more efficiently using artificial intelligence.The automaker will acquire shares to be newly issued by JapanTaxi Co. through a third-party allocation later this month. The tech company is … Continue reading Toyota takes on Uber with ¥7.5 billion investment in Japanese taxi-hailing app