TOKYO -- Japanese trading house Mitsubishi Corp. will use smartphone location data in urban development, with a partner's technology to be first introduced in a smart city project in Indonesia.
Mitsubishi has entered into a capital and business partnership with unerry, a Tokyo-based marketing consultancy. The size of the investment and ownership ratio have not been disclosed, but Mitsubishi is expected to become the largest shareholder with the exception of those involved in the startup's founding.
