The mobility service provider will use the $50.1m cash it secured from SoftBank and Didi Chuxing to expand from Chinese tourists to local Japanese users.
Telecommunications and internet group Softbank and China-headquartered ride hailing service Didi Chuxing yesterday invested ¥5.2bn ($50.1m) in Didi Mobility Japan, a Japan-based joint venture for the two companies.
Founded in 2018 with funding from Japan-based SoftBank and overseen by Stephen Zhu, a Global Corporate Venturing Rising Star in 2018 and 2019, Didi Mobility Japan provides an on-demand mobility service in collaboration with the country’s taxi operators and relevant ministries and agencies.
Didi Mobility Japan’s platform uses artificial intelligence…
