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Uber suspends service in Morocco after two years

Uber suspends service in Morocco after two years

Uber's new CEO, Dara Khosrowshahi, is now in Asia and announced that Uber also plans to team up with taxi companies in Japan. Khosrowshahi noted that Japan's traditional taxi firms have failed to keep up with the technological advances.

However, the company Uber, who's emollient CEO is Dara Khosrowshahi as well as the unaware playground, i.e. the associated cities for the VC-fueled company's services, both have moved on and awakened of the disruptive playbook of the tech giant. Uber's Chinese rival Didi Chuxing previous year began partnership talks with taxi operator Daiichi Koutsu Sangyo Co., with the discussions facilitated by Uber shareholder SoftBank Group Corp., a person familiar with the matter told Bloomberg in October. Sony is aiming to develop a ride-hailing app powered by artificial intelligence and also provide payment services.

Sony announced partnerships with several taxi firms to start a ride-hailing service in Japan on Tuesday.

It is unclear as to why Sony suddenly wants to get into the taxi/transportation business, but it could be an interesting approach.

Pictured here is a taxi driving through an underground tunnel in Tokyo, Japan. By combining Uber's brand, technology, along with demand from tourists and partnerships with the taxi industry, he said the result would be a "win-win" for Uber and the taxi industry.

Toyota Motor has said it will take a stake in taxi-hailing service JapanTaxi, set up by Japan's largest taxi firm, Nihon Kotsu. Both Uber and Didi are backed by SoftBank. "We will be working closely with them through this hard transition", Uber said.

Five taxi operators will form a joint venture with Sony to build the platform.

After years of little action, Japan's lackluster ride-hailing industry is suddenly seeing a lot of activity.

"Since we launched in Morocco over two years ago, there has been a lack of clarity about new platforms like Uber and how they fit into the existing transport model", Uber said in a statement. Daiichi Koutsu has already announced plans to team with Didi Chuxing, China's largest ride-hailing company.

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