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SoftBank is betting that everyone hates rental-car companies

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  • The Retail industry has been going through a massive business transformation when consumers are switching their behaviors towards online shopping and increasing expectations of their experience when they do shop in stores. The disruption of the car-rental industry has already begun. The chart in the

    The Retail industry has been going through a massive business transformation when consumers are switching their behaviors towards online shopping and increasing expectations of their experience when they do shop in stores. The disruption of the car-rental industry has already begun. The chart in the article shows the high percentage of consumers across all generations planning to swap rental cars with ride-hailing, but I believe there’s a massive group of consumers, myself included, who have already made a switch years ago. Rental car companies need to really reimagine their business model and customer experience to compete.

  • I was a big user of Zipcar back in the day, but it definitely represents the last wave of car sharing innovation. These days I’m a big fan of silvercar.

    The bigger point here is less about car rental and more about Sofbank. They are trying to be the holding company of the future, picking the industries

    I was a big user of Zipcar back in the day, but it definitely represents the last wave of car sharing innovation. These days I’m a big fan of silvercar.

    The bigger point here is less about car rental and more about Sofbank. They are trying to be the holding company of the future, picking the industries that are most ripe for disruption and investing heavily.

  • GE got this way a few years ago where they were buying up everything and now they are selling things off at big losses. SoftBank is spending big amounts on companies so they better not get too trigger happy. GE is down more than 50% due to punishment for that type of thinking.

  • Wow, there isn’t a month where I don’t hear about about SoftBank’s another investment in the US tech startups. As Ian says they are trying to be the holding company of the future. Do people even know that SoftBank is known as a mobile career service among the Japanese people?

  • renting a car and ride sharing is okay for big cities and suburb places but in rural places it's still too expensive. I hope that peer rentals will make it more affordable. But realistically owning a car is too expensive and seems to be a need in places with out a good public transportation system. maybe

    renting a car and ride sharing is okay for big cities and suburb places but in rural places it's still too expensive. I hope that peer rentals will make it more affordable. But realistically owning a car is too expensive and seems to be a need in places with out a good public transportation system. maybe peer ride sharing and others solutions will make a difference

  • Finally the integration of the car sharing service is about to transpire on the worldwide scale.

    Globalization puts heat on the existing car rental industry.

  • I’ve never heard of Softbank until I read this article. And it gave out a lot of good information for us to know.But I’ve been using Hertz for over five years because of the low rates. Often if I can’t get a good rate that I would go with enterprise. But I also saw a website for Turo. And I was checking

    I’ve never heard of Softbank until I read this article. And it gave out a lot of good information for us to know.But I’ve been using Hertz for over five years because of the low rates. Often if I can’t get a good rate that I would go with enterprise. But I also saw a website for Turo. And I was checking out some of their prices and I was just wondering how a owner likes to rent out their vehicles to other people. Without these Rent-A-Car companies around what will we be using. It will be very costly to use Uber and Lyft and a lot of times the drivers don’t want to go for a long distance if they can’t get a rider back.

  • Uber and other application is means to get personal and finance information for SoftBank. Softbank will be bank in the future