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China tech

Tokyo startup takes cue from China smartphone battery rental

Using imported business model, Inforich now has 21,000 machines in Japan

Inforich Chairman Stephen Chan took a business model perfected by Chinese companies and transplanted it to Japan to start his Charge Spot service.
SHUHEI YAMADA, Nikkei Asia Tech chief editor | Japan

TOKYO -- The service of renting batteries to charge smartphones has taken off in Japan recently.

Battery rental machines are an increasingly common sight at train stations and convenience stores in this country. The startup that leads in the service imported the entire business model from China.

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