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

Holly Clancy, February 9, 2018

 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

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