Software Bank has made great efforts in the global vehicle sharing service market, investing in a number of competing companies, and recently it has staked in Uber Technologies. Although Softbank hopes that these 'family members' can cooperate with each other, it may be difficult to avoid the situation of brothers. In Japan, the mainland is ready to enter the market and will compete with Uber. Softbank is also a shareholder with an investment of US$10 billion. In India, Uber faces fierce competition from Ola, which is owned by ANI Technologies. Softbank holds in Ola. In 30% of the shares, a director was obtained, and Uber bought a 15% stake for US$7.7 billion. In addition to India, Australia is also another battlefield for Ola and Uber. Ola started its service in February. Also in Southeast Asia, Singapore’s Grab is currently in control of the market and Uber is only able to catch up. Grab was acquired by Softbank in 2016 and the current president is from Softbank. Uber CEO Dara Khosrowshahi stated frankly that if he wants to communicate with Softbank, he must be accustomed to doing business sometimes. When he went to Japan in February to meet with local regulators, he said that the goal of Softbank is to make these companies in the 'softbank family'. Industry assist each other. Khosrowshahi broke the motivation of Softbank to invest in these rival companies. The Wall Street Journal (WSJ) reported that people familiar with the idea of Softbank founder Masayoshi Son revealed that auto-driving cars are about to enter people’s lives. Justice hopes that these companies can cooperate in the development of new technologies. Sun Jung-hsiang also said recently that if Uber, Didi or Grab management can talk, and an agreement is finalized, it is expected to help enhance shareholder value. Softbank is evaluating the possibility. However, it is not obligatory. Generic investment will try to avoid investing in competitive companies of the same nature because it will lead to mistrust or conflicts of interest. Moreover, it does not make sense to subsidize businesses that erode income each other. Sun Zheng broke this rule. Because Softbank has too much money, it is like a private equity acquisition company that wants to consolidate the market, so that the repeated nature of investment companies is too high. Founded in 1981, Softbank started as a software supplier with more than 1,300 investment companies. The most famous is Alibaba’s shareholding of US$20 million in 2000. This appliance giant is now worth about 1,400. Billion US Dollars. Softbank also invested in Sprint and Arm (ARM), but it also bears huge debts. Softbank subsequently turned to external gold sponsors to set up the Vision Fund in 2017. Currently, it has a scale of US$92 billion and becomes a global player. The biggest science and technology fund, Softbank's capital level suddenly soared. It can search for long-term investment targets in the technology industry with no worries. For the car sharing market, Softbank’s view is that in the end, there will only be one dominant enterprise in each region, given that each market has On a fixed scale, these enterprises should not expand further, but instead they should not rule out cooperating with each other. However, Softbank’s vision is not necessarily acceptable, and since it does not achieve majority ownership and board seats, it is not necessarily influential. For Uber and Didi and other start-ups, Softbank's funds may be the backing of their competition. Uber's Khosrowshahi said that although Softbank has plans, but others have their own ideas. Khosrowshahi's statement is about to get in Japan It is confirmed that due to strict regulations, Japan is one of the few that have not yet been developed for ride-sharing service companies. One of the potential markets. With drip preparations similar to Uber's strategy for Japan, the conflict between the two will be unavoidable. Softbank hopes that the idea of the 'family members' collaborating with each other will be tested.
