Uber to introduce service across Japan by around 2020: CEO

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years, reports. Khosrowshahi noted that Japan's traditional taxi firms have failed to keep up with the technological advances.

Uber stops Morocco service from 23rd of February, in efforts to bring the business in to the local regulators' line for assisting ride hailing based on its app.

Sony's partnership is the latest in a growing array of tie-ups between taxi firms and tech companies, who see Japan as a potentially lucrative market but are prevented from offering ride-sharing services by stringent rules. App developer JapanTaxi announced a partnership with Toyota on February 8 that will see the automaker invest 7.5 billion yen ($70 million) in the unit of Nihon Kotsu, one of the country's largest taxi operators.

Perhaps pledges or predictions of aerial, on-demand travel, which were first reported by Reuters, will persuade taxi firms in Japan to work with Uber and its massive technical infrastructure.

"It is clear to me that we need to come in with partnership in mind and in particular partnership with the taxi industry", he said without providing specifics.

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Khosrowshahi's enthusiasm echoes comments from Uber's Asia head Brooks Entwistle, who told Bloomberg this year that Japan will be a major focus for the company in 2018.

Uber says it has 300 drivers using its app in the market and "nearly 19,000 regular users". Uber is also said to be in talks for a venture with Daiichi Koutsu.

Sony issued a news release stating its intentions to create an AI system to support six existing taxi firms that have agreed to enter into the deal.

In January, SoftBank became the largest single shareholder in Uber.

After years of little action, Japan's lackluster ride-hailing industry is suddenly seeing a lot of activity. Daiichi Koutsu has already announced plans to team with Didi Chuxing, China's largest ride-hailing company. "If you're going to do business with SoftBank, you have to get used to the way that they do business with your competition", he said.

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