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BUSINESS & TECH

Didi Chuxing Partners With SoftBank to Drive Into Japan

Chinese ride-hailing giant Didi Chuxing and Japanese conglomerate SoftBank Group Corp. are setting up a venture to tap into the urban transport market in Japan, the companies said on Friday.

The two firms will develop a ride-haling platform for Japan’s taxi fleet, leveraging Didi’s artificial intelligence know-how to create “deep learning-based demand predictions and smart dispatch systems.” Meanwhile, SoftBank will offer its “local resources and expertise,” they said in a statement.

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