The modern taxi company Uber has had a bad relationship with two great Asian investors for a long time, and things are headed in the direction of becoming more complicated.
Didi, who has partnered with Uber in a sensational role during his CEO’s Travis Kalanick, and Softbank, who invested heavily in the company over the past few months, have partnered with an organization that will compete with a San Francisco-based company. The two giant companies will build a modern taxi company in Japan with these partnerships, which means Uber will be erased from the Asian market.
Softbank, which began to weigh the company over the past few weeks, said it wanted Uber to concentrate on expanding its business in the US, Europe, Latin America and Australia. It was presumed that this explanation was made because of the investments made by Softbank to companies that are in the position of Uber’s rival. However, it turned out that the company had a purpose. Accordingly, Softbank, which is a former investor of Uber and who agrees with Didi, who is a partner in China, decided to set up a company in Japan. It is believed that Uber will greatly affect the Asian market.
On the other hand, it is not surprising that Didi moves in Asia. After the partnership with Uber, the company quickly tended to grow. In early 2018, Didi entered the Brazilian market after purchasing the local service and recently moved his services to Taiwan via a franchise. Softbank is Uber’s biggest shareholder.
Didi and SoftBank partnership will soon start pilot program in Japan. Two giants