China's Didi, SoftBank to roll out taxi venture in Japan

Reuters ---------- Chinese ride hailing giant Didi Chuxing will set up a venture with SoftBank Group Corp to provide ride-hailing and other services for the Japanese taxi industry, the companies said in a statement on Friday. The move into Japan underscores a recent push by Didi to beef up its presence in markets outside China and intensifies the firm’s global battle with U.S. rival Uber Technologies Inc, whose China business it bought in 2016. To learn more click on the picture below to read the article.