TOKYO Japan’s SoftBank Corp said on Thursday that it was setting up a joint venture with Alibaba and Foxconn Technology to sell its human-like robot Pepper to consumers around the world.
The robots – which the mobile phone and Internet conglomerate envisions serving as baby-sitters, medical workers or even party companions – are already being used at stores including SoftBank’s own mobile phone shops, but the companies said they would now be available to general consumers.
SoftBank said it would have a 60 percent stake in the joint venture, with Alibaba and Foxconn holding 20 percent each.
(Reporting by Yoshiyasu Shida and Ritsuko Ando– Editing by Chris Gallagher)
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