Toyota invests $69M in Japanese Uber rival backed by the taxi industry

#HTE

 This week isn’t turning out to be great one for Uber in Japan. Two of its investors — Didi and SoftBank — are teaming up to launch a rival service, while one of its existing competitors has just landed a big cash infusion and highly influential backer after Toyota backed JapanTaxi. The auto giant said it will invest 7.5 billion JPY ($69 billion) into JapanTaxi, an… Read More
https://techcrunch.com/2018/02/08/toyota-invests-69m-into-japanese-uber-rival/?ncid=rss