ChipsSilicon Canalsabout 11 hours ago
BlackRock backs Japan taxi firm's robotaxi pivot
4 min read
Go raised ¥88.6 billion ($553 million) in its Tokyo IPO, drawing BlackRock and Wellington. The 1977-founded taxi operator plans to deploy proceeds into robotaxi R&D and acquisitions. Japan's taxi workforce is shrinking due to an aging population, with 82 taxi companies collapsing in 2024 from driver shortages.
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