Nihon Kotsu as the "Prince of Taxis." The company was founded as a sole proprietorship in 1928 and reorganized as a stock company in December 1945. It began as a limousine operator and expanded to taxi service in 1940. NK operates the most popular taxi hailing mobile application in Japan, Japan Taxi. Toyota invested 500 million yen in the app in 2017, followed by a second 7.5 billion investment in 2018. Tokyo Musen, a major rival of Nihon Kotsu in the Tokyo area, joined the app later that year in an effort to counterbalance foreign rivals such as Uber and Didi Chuxing.
Tencent HKD 445.5 million (US$57.4 million). On 23 October 2014, Tencent pitched in $145 million for a 10 percent stake in Koudai Gouwu, a Chinese mobile shopping portal. In November 2014, the company announced a deal with HBO which would give it exclusive rights for distribution in China. On 9 December 2014, Chinese taxi-hailing app Didi Dache announced that it had raised more than $700 million in a funding round led by Tencent and Singaporean state investment firm Temasek Holdings. On January 2015, Tencent launched WeBank (China), China's first online-only bank. On 30 January 2015, Tencent announced that it had signed