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SoftBank's Son says Japan is "stupid" to disallow ride-sharing

Masayoshi Son has been highly critical of the government previously when SoftBank was still a fledgling telecoms service trying to break up a cosy duopoly in Japan.

21 hours
SoftBank CEO Calls Japan 'Stupid' for Not Allowing Ride-Sharing

"Ride-sharing is prohibited by law in Japan. I can't believe there is still such a stupid country," said Son at an annual company event aimed at customers and suppliers.

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It's stupid of Japan to disallow ride-sharing: SoftBank CEO Masayoshi Son

Read more about It's stupid of Japan to disallow ride-sharing: SoftBank CEO Masayoshi Son on Business Standard. The curbs on Japan's nascent sharing economy come despite a rapid rise in the number ...

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Didi, SoftBank Set Up Taxi-Hailing Joint Venture in Japan

Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan. The companies announced the plan Thursday for a service that will use...

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Investing in SoftBank a bet on Masayoshi Son's deal-making prowess

For most of its existence, SoftBank was known as a Japanese phone company that made some lucky bets. But in the future, being an investor in the company will mean betting on the investment prowess ...

6 days
Walmart-Flipkart deal: US retail giant tells I-T department it will fulfil all tax obligations on...

New Delhi: US retail giant Walmart has assured the Income Tax Department that it will fulfil all tax obligations on its proposed $16 billion Flipkart buyout, an official said on Friday. In May, the...

7 days

SoftBank Corp. is a Japanese telecommunications and Internet corporation, with operations in broadband, fixed-line telecommunications, e-commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses.