OnDemand WTP Pricing Research

Sony to enter taxi-hailing app business | The Car Connection

The more taxis that feed data into the AI, the better its abilitiy to put cabs in front of hailing passengers. Of course, at the end of the ride a Sony digital payment system is waiting to collect the fare as well.

With many rival cab companies in Japan, several solutions are springing up to modernize the fleet. Toyota and cab-hailing app JapanTaxi announced on Feb 8 that they would partner. As a result, Toyota will invest $70 million in Nihon Kotsu, a taxi company. With 55,000 cars in its network, it is the largest such company, Nikkei says.

Uber and Didi Chuxing — American and Chinese ride-sharing companies respectively and both invested in by SoftBank — are also teaming up with Daiichi Kotsu Sangyo cab company in order to make their own dispatch app.

According to the Nikkei, in January Nihon Kotsu and Daiwa Motor both launched apps to put fares hading in the same direction share a cab. Later this year, they also plan to introduce “dynamic  pricing” that goes up or down in accordance with supply and demand.

Read complete article here:

Sony to enter taxi-hailing app business.