The carmake has invested almost $69m in ride hailing app developer JapanTaxi as part of a strategic partnership deal.
Automotive manufacturer Toyota agreed yesterday to invest ¥7.5bn ($68.9m) in Japan-based ride hailing app developer JapanTaxi as part of a strategic partnership agreement.
JapanTaxi operates an app that works in partnership with a range of taxi operators, allowing users to order a lift from whichever driver is nearby and available. It has registered roughly 60,000 drivers to a network that spans all 47 of the country’s prefectures.
Toyota and JapanTaxi intend to work together to develop technology that can benefit…
