Tag - ride-hailing

 
 

RIDE HAILING

Japan Times
BUSINESS / Companies
Oct 16, 2020
SoftBank’s Masayoshi Son reportedly brokering a Grab-Gojek truce
A key sticking point remains whether the two companies merge all operations or whether Grab acquires Gojek's business only in Indonesia.
Japan Times
BUSINESS / Companies
Jul 29, 2020
Uber and Lyft drivers win unemployment insurance payments in New York
A federal judge ruled Tuesday that New York Department of Labor was taking too long to make payments, citing a backlog of claims by the ride-share drivers.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Uber finally makes it to Tokyo after six years in Japan
Uber is partnering with three local taxi operators, primarily in the city's central business district and the popular areas of Shinagawa, Akihabara and Asakusa.
BUSINESS / Companies
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.
Japan Times
BUSINESS / Companies
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.
Japan Times
BUSINESS
Jan 28, 2020
Crowded Lagos to ban commercial motorbikes from most of Nigerian metropolis
Nigeria's business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.
Japan Times
BUSINESS / Companies
Oct 25, 2019
Uber CEO Khosrowshahi vows to deliver a profit, with help from India
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors' concerns about the ride-sharing company's mounting losses and global regulatory challenges.
BUSINESS
Oct 3, 2019
Southeast Asia's internet economy to grow 39% and hit $100 billion this year, report says
Southeast Asia's internet economy was forecast to grow 39 percent this year to $100 billion as millions of people in the region went online to shop for the first time and ride-hailing firms grew in popularity, an industry report showed on Thursday.
Japan Times
BUSINESS / Companies
Aug 8, 2019
Japan's Rakuten swings to quarterly loss on Lyft and mobile service
Rakuten Inc. reported an unexpected quarterly loss Thursday, hit by the depressed value of its investment in ride-hailing firm Lyft Inc. and heavy spending on a new wireless service.
Japan Times
BUSINESS / Companies
Jul 25, 2019
Toyota to set up joint venture with Chinese ride-hailing giant Didi Chuxing, investing ¥64.8 billion
Toyota Motor Corp. said Thursday it will set up a joint venture with Chinese ride-hailing giant Didi Chuxing Technology Co. and invest a total of ¥64.8 billion ($600 million) in Didi and the new venture, as part of efforts to expand its business in China.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Toyota to cut managers' summer bonus by up to 5% due to high R&D costs
Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday.
BUSINESS / Companies
May 29, 2019
Toyota considers investment in Chinese ride-hailing giant Didi
Toyota Motor Corp. is considering investing up to ¥60 billion ($550 million) in Chinese ride-hailing giant Didi Chuxing Technology Co. in an effort to expand its business in China, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
May 11, 2019
Weak Uber market debut augurs poorly for other Silicon Valley unicorns
Uber Technologies Inc.'s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook would weigh on other Silicon Valley unicorns.
Japan Times
BUSINESS / Tech
Apr 18, 2019
'Shooting for big game': Softbank's push for transport dominance
SoftBank Group Corp. leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc. turn into more than $13 billion when the company goes public next month.
Japan Times
BUSINESS / Companies
Sep 13, 2018
NTT Data, Gunma University to test self-driving ride services on public roads near Toyosu
A multiday test involving three self-driving vehicles on public roads will kick off Friday in Tokyo, the IT firm and school behind the experiment said Thursday.
Japan Times
BUSINESS
May 22, 2018
Uber taps Awaji Island for first taxi-hailing service in Japan
Uber Technologies Inc. said Tuesday it will start its first taxi-hailing service in Japan this summer on Awaji Island in Hyogo Prefecture, targeting foreign tourists and residents in a step toward a full-fledged entry into the country's huge taxi market.

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