Sony announces blue-chip company for taxi and ride-hailing market

Sony Corp. announced it will be a blue-chip company that jockeyes Japan's taxi and ride-hailing market with a joint venture plan to develop an artificial intelligence-based hailing system. This partnership is conducted between domestic taxi companies and technology companies that see the potential of a profitable Japanese market.

Sony plans to build an AI-based platform with Daiwa Motor Transportation Co Ltd and five other domestic taxi companies. This month, SoftBank Group Corp. and China's Didi Chuxing announced it will hold a business in Japan this year for customized services in the country.

Tinuku Sony announces blue-chip company for taxi and ride-hailing market

SoftBank is one of the investors in Didi and also the largest shareholder of Uber Technologies Inc. Didi and Daiichi Koutsu Sangyo Co. Ltd. plans to offer taxi services to visitors from mainland China and the company is also in talks with Uber.

Uber CEO Dara Khosrowshahi on Tuesday told investors in Tokyo that Uber should change the way business is in Japan and need to build partnerships with the taxi industry. Ichiro Kawanabe, chairman of Nihon Kotsu Co Ltd, has set up a taxi-hailing company, JapanTaxi, and won an investment from Toyota Motor Corp. to have 60,000 fleets.

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