Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Companies Data explosion brings Toyota and SoftBank together Monetizing information key to dominance in next-generation mobility services SoftBank is a major shareholder in the world’s leading ride-hailing companies, including Uber Technologies of the U.S., Chinese market leader Didi Chuxing, Singapore’s Grab and India’s Ola.
YUICHIRO KANEMATSU, Nikkei staff writer October 5, 2018 00:30 JST | Japan
TOKYO -- The key to success for the tie-up in next-generation mobility services between
Toyota Motor and SoftBank Group is the companies' ability to monetize such services by using big data.
The two companies on Oct. 4 announced their agreement to establish Monet Technologies, a joint venture dedicated to the development of self-driving and other emerging services.
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