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Sony to enter Japan's taxi-hailing biz to take on SoftBank, Toyota: Source

Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules

Reuters  |  Tokyo 

Sony Corp looks set to become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system, the Nikkei newspaper reported. Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules. Currently, non-professional drivers are barred from offering taxi services on safety grounds, and ride-hailing companies are limited to services that "match" users to existing taxi fleets via mobile ...

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First Published: Tue, February 20 2018. 09:35 IST
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