Hailo Raises $30 Million In Funding, Looks Towards Tokyo Launch

On-demand taxi service Hailo has created a Japanese subsidiary and raised $30 million in funding as it looks to expand to Tokyo.

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    Japanese telco KDDI was heavily involved in the funding, and, with its subscriber base of 36 million, can help Hailo gain traction in the Japanese market, as TechCrunch notes.

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    Union Square Ventures, Richard Branson and others also contributed to the funding.

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