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Al Jazeera
Al Jazeera
Technology

Taiwanese scooter brand Gogoro makes Nasdaq debut in rare IPO

Taiwan’s electric scooter maker Gogoro has debuted on the Nasdaq stock exchange in New York [File: Tyrone Siu/Reuters]

Taipei, Taiwan – Taiwan’s electric scooter maker Gogoro debuted on the Nasdaq stock exchange in New York on Tuesday, a rare initial public offering (IPO) for the self-ruled island known for its dominance in semiconductors.

Gogoro’s stock market debut is just the third US listing by a Taiwanese firm in the past five years, according to Bloomberg, putting it in the ranks of chipmaker TSMC, which controls more than half of the global market for made-to-order chips.

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