Go’s IPO — Japan’s biggest so far this year — has done more than provide a much-needed boost to the country’s languishing listing season. It has also supplied the taxi-hailing app with the capital required to address an existential issue: Japan’s shortage of drivers.
Go, which went public Tuesday, plans to use the ¥88.6 billion ($553 million) raised in its IPO to expand its robotaxi business and make acquisitions, according to a company spokesperson.
Originally reported by TechCrunch. Read the full story at the original source.
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