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April 29, 2024
 

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RIDE HAILING

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.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Ukraine is far from doomed
When comparing Ukraine’s military situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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