Uber Seals Its First Taxi Deal in Japan www.bloomberg.com

posted by  banzaitokyo | 9 months, 2 weeks ago in Auto & Transportation

Uber Technologies Inc. has finally found a partner for its cab-hailing program in Japan, one of the world’s largest taxi markets.

A Fuji Taxi vehicle with the Uber logo.Photographer: Yuji Nakamura/Bloomberg
The San Francisco-based company struck a deal with the Fuji Taxi Group to let users hail cabs through its app in Nagoya, Japan’s third-most populous city. Uber gets an unspecified cut of all fares, which will be based on standard rates required by regulators. Their agreement initially covers more than 350 cabs, a big portion of the Nagoya-based operator’s fleet that amounts to about 5 percent of the city’s cabs.