Sojitz Forms Capital & Business Alliance with Global Mobility Service
Jun. 7, 2018
Sojitz Corporation (“Sojitz”) has concluded a capital and business tie-up agreement with Global Mobility Service (Head Office: Minato-ku, Tokyo; Representative Director: Tokushi Nakashima; “GMS”), calling for Sojitz to make a capital contribution to the company by underwriting a third-party allocation of shares.
GMS is a venture company which enables the roughly 2 billion people worldwide without access to automotive loans or leases to finance their cars to get the opportunities to use the financing through the company’s FinTech Service. This service uses the Mobility-Cloud Connecting System (“MCCS”), an IoT device developed in-house which can deactivate your car remotely; and the Mobility Service Platform (“MSPF”), a platform for IoT applications.
【Overview of GMS’s Services】
By installing infrastructure which uses GMS’s services and capturing new buyer demand in markets including developing countries, Sojitz hopes to expand its automotive business and automobile financing business, as well as create new businesses utilizing big data.
Sojitz will collaborate with GMS to contribute to global society, creating new opportunities for people around the world and helping realize a more prosperous society.
Company Overview - Global Mobility Service
|Head Office||12-16, Shibadaimon 1-chome, Minato-ku, Tokyo
Sumitomo Shiba Daimon Bldg. II 4F
|Representative Director||Tokushi Nakashima|
|Main Business||Mobility service platform; secondary utilization of big data accumulated in cloud computing|