SoftBank"s Son says Japan is "stupid" for not allowing ride-sharing

SoftBank Group Corp Chief Executive Masayoshi Son blasted Japan on Thursday for not allowing ride-sharing services, calling it "stupid" and saying the country was lagging overseas rivals in areas such as artificial intelligence (AI)......»»

Tech investor Masayoshi Son called Japan’s ban on ride-hailing apps such as Uber “stupid,” heightening a clash with government leaders who say the apps are unsafe......»»

WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders......»»

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The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company's employees and shareholders......»»

SoftBank Group Corporation (OTC: SFTBY) backed Grab, a ride-hailing company operating in Southeast Asia, is raising more than $850 million from Japanese firms Mitsubishi UFJ Financial Group Inc read more.....»»

Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services......»»

China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business......»»

WeWork's Japan unit can become profitable "in the near future", the Japanese partner of the U.S. office-space sharing startup said on Tuesday, amid investor scepticism over its path to profitability......»»

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan's SoftBank Group after it took control of the company this week, Financial Times reported on Wednesday......»»

Japan's SoftBank Group Corp , the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with the matter said on Sunday......»»

At least 14 women are suing ride sharing company Lyft for allegedly allowing a pattern that "induces" young, unaccompanied or intoxicated f.....»»

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market......»»

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's SoftBank Group Corp, which wants to increase its exposure to the region's most populous market......»»

Japan's SoftBank Group Corp will invest $2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday......»»

Uber Technologies Inc.’s strategy for Japan, where ride-sharing is banned, is as unique as the country itself — think grandma in running shoes delivering ramen noodles......»»

Uber Technologies Inc.’s strategy for Japan, where ride-sharing is banned, is as unique as the country itself — think grandma in running shoes delivering ramen noodles......»»

SoftBank has emerged as "the king of ride-hailing." Japan’s SoftBank is reportedly planning to move its stakes in companies such as Uber, Ola, Grab, 99, and Didi Chuxin.....»»

(Reuters) - Japan's Soft.....»»

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