Business / Corporate Feb 20, 2020

MUFG Bank to invest ¥80 billion in ride-hailing service Grab

MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said. The major Japanese bank, together with its group companies, will invest up to ¥80 billion (about $720 million) in ...

Nihon Kotsu and DeNA to integrate taxi-hailing services

Business / Corporate Feb 5, 2020

Nihon Kotsu and DeNA to integrate taxi-hailing services

Major taxi operator Nihon Kotsu Co. and information technology firm DeNA Co. will integrate their taxi-hailing app businesses April 1. With their integrated services, over 100,000 taxis will be available for hailing, the companies said Tuesday. The integration is intended to increase cost competitiveness, improve customer ...

Business Dec 5, 2019

Uber CEO wants to partner with more Japanese taxi firms

Dara Khosrowshahi, the CEO of U.S. ride-hailing company Uber Technologies Inc., expressed interest on Wednesday in expanding partnerships with Japanese taxi companies. Uber's ride-hailing service is available in many countries, but unlicensed taxi services are banned in Japan. Khosrowshahi said at an event held in New ...