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April 30, 2024
 

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SHARING

Japan Times
BUSINESS / Companies
Jul 22, 2020
WeWork set to lose major Japan tenant Rakuten, sources say
The e-commerce giant will let its contract run out in August without renewing, leaving about 700 desks empty in Tokyo.
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.
Japan Times
BUSINESS
Jun 19, 2020
Fearing germs on steering wheels, Japanese shun car-sharing
With people being asked to stay at home, car rental services took a hit across the country.
Japan Times
BUSINESS
May 28, 2020
Coronavirus changing landscape of Japan's sharing economy
Businesses providing cowork spaces or private lodgings have seen a sharp decline in demand, but other businesses such as delivery services are thriving.
Japan Times
BUSINESS / Companies
May 19, 2020
Uber’s job cuts and office closures reflect narrowing ambitions
As recently as this year, the company was promising to usher in a self-driving revolution and popularize flying cars.
Japan Times
BUSINESS / Companies
Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the company. At first, he thought he might be able to sell them after WeWork’s much-anticipated initial public offering in September, but the IPO attempt flopped.
Japan Times
BUSINESS / Companies
Apr 2, 2020
SoftBank abandons $3 billion WeWork share purchase deal
SoftBank Group Corp. is scrapping an agreement to spend $3 billion (¥322 billion) to buy WeWork stock from former CEO Adam Neumann and other shareholders, despite threats of legal action from some members of the company’s board.
Japan Times
BUSINESS / Companies
Mar 29, 2020
SoftBank’s big bet on sharing economy backfires with coronavirus
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
Japan Times
BUSINESS
Nov 19, 2019
Juno, once billed as the 'anti-Uber,' shuts down In New York and riders are urged to tap Lyft
Ride-hailing startup Juno once billed itself as the "anti-Uber" — a kinder, gentler way to get a ride. It's now closing down its New York-based operations, and inviting customers to join Lyft Inc.
Japan Times
BUSINESS
Nov 12, 2019
Sharing economy conference explores global phenomenon from Japan perspective
From transportation to holiday homes, the "sharing economy" is gaining traction worldwide, and in typhoon- and earthquake-prone Japan the concept is increasingly seen as instrumental to disaster management.
Japan Times
BUSINESS
Nov 7, 2019
More Japanese companies using subscription services to woo customers
Subscription-based businesses are growing slower in Japan than in other big economies partly due to regulatory barriers, but the number of firms drawn to the model is on the rise as consumers search for personalized and more cost-effective ways to use products that have recurring fees.
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.
Japan Times
JAPAN
Oct 18, 2019
Japan Car Sharing Association seeks vehicles to lend to Typhoon Hagibis victims
A group in northeastern Japan is soliciting donations of cars to help people who lost their vehicles in disasters as it is preparing to provide support in areas hit by Typhoon Hagibis.
Japan Times
BUSINESS
Jun 6, 2019
Airbnb listings in Japan rebound after regulatory freeze
Airbnb Inc. says it's back in business in Japan, a year after stricter short-term lodging regulations forced it to freeze a major portion of its listings in the country.
Japan Times
BUSINESS
Mar 8, 2019
Japan to pull a U-turn on ride-sharing ban in bid to fill transport gaps in rural areas, Abe says
Prime Minister Shinzo Abe says the government plans to promote ride-sharing services that are currently banned in most areas to help improve the availability of transportation in rural areas.
Japan Times
BUSINESS / Companies
Mar 6, 2019
Singapore's Grab raises $1.5 billion from SoftBank fund
Leading Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp.'s Vision Fund, bankrolling its effort to expand into new services across the region.
Japan Times
BUSINESS / Companies
Feb 18, 2019
Toyota-SoftBank venture to start taxi ride-sharing trial in Tokyo
A joint venture set up by Toyota Motor Corp. and SoftBank Corp. will launch a trial taxi ride-sharing service for business commuters using a smartphone app next week in Tokyo.
BUSINESS / Economy
Jul 26, 2018
Value of Japan's 'sharing economy' estimated at over ¥500 billion in 2016
Japan's so-called sharing economy was estimated to be worth over ¥500 billion ($4.5 billion) in 2016, according to government data, reflecting the rise of peer-to-peer services.
Japan Times
BUSINESS / Companies
Jul 11, 2018
Toyota launches app in Hawaii that allows customers to unlock and start rental cars at parking stations
Toyota Motor Corp. launched a Honolulu car-sharing service Tuesday that allows customers to use smartphones to unlock and start rental cars available by the hour or day. It's the latest service offered by an automaker that competes with ride-hailing and rental-car companies.
Japan Times
BUSINESS / Companies
Jun 13, 2018
Toyota to acquire $1 billion Grab stake in ride-hailing push
Toyota Motor Corp. will acquire a $1 billion stake in Grab in one of the largest investments by a carmaker in a ride-hailing provider, underscoring the push by the auto industry to move from manufacturing to services.
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.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
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.

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