Power Players: Services Range and Reuters Analysis

power players: Those services range from ride-hailing and car-sharing to delivery robots and self-driving vehicles. ; The extent of those investments, based on a Reuters analysis of publicly available data and interviews with a dozen sources familiar with Soft Bank's investment strategy, has not previously been reported, according to The Japan Times. They show how Son has emerged as one of the power players trying to influence how people and goods move about the world in the coming decades. The Japanese entrepreneur is placing a 60 billion bet in more than 40 companies in a bid to steer the 3 trillion global automotive industry now dominated by vehicles people own and drive to a spectrum of transportation services available at the touch of a smartphone app. Key partners in Son's quest are Uber, the U.S. ride services leader, and Toyota Motor Corp. The rising value of that investment will further supercharge Son's growing clout in the sector, and eventually provide him with additional capital to invest. Uber's planned initial public stock offering in May is expected to value the company at 90 billion to 100 billion, representing a potential windfall to Soft Bank, which put 8 billion into Uber for a 15 percent stake in January 2018. (news.financializer.com). As reported in the news.