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China's Didi, SoftBank target Japan in taxi-hailing push

China's Didi, SoftBank target Japan in taxi-hailing push

SHANGHAI/TOKYO (Feb 9): China's Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to urban transport.

The move into Japan underscores a recent push by Didi to beef up its presence in markets outside China, although it will face challenges to expand its services in a country where existing taxi companies are lobbying hard against deregulation.

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