Goldman Sachs Group has made Japan¡¯s leading taxi-hailing provider, Go, a unicorn with its biggest startup investment in the country.
Tokyo-based Go was valued at ?135 billion ($1 billion) in its latest fundraising round, which will bankroll aggressive acquisition forays and an initial public offering in the near future, according to President Hiroshi Nakajima.
The taxi app operator landed ?10 billion from the Wall Street titan after pitching itself directly to financial institutions. It also secured a ?3 billion loan line from MUFG Bank as well as a ?1 billion line of credit from Sumitomo Mitsui Trust Bank.
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