Japan's Timee Startup Aims for July Listing with Valuation around $1 Billion

Reported 10 months ago

Japan startup Timee, founded in 2017, plans to list on the Tokyo Stock Exchange in July with a valuation of approximately $1 billion, according to sources. The platform connects workers to part-time job opportunities at businesses, offering short shifts and quick payments. The company's growth reflects the trend of side gigs becoming more prevalent in Japan due to a changing labor market and increased demand for flexible work since the COVID-19 pandemic. Timee's competitors in the spot work market include major players like Mercari and Recruit Works, with projections showing significant growth in the industry in the coming years.

Source: YAHOO

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