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Yojee Ltd. ( (AU:YOJ) ) has shared an update.
Yojee Limited has successfully raised $5.4 million through an oversubscribed placement, demonstrating strong support from industry participants, existing shareholders, and sophisticated investors. The funds will be used to develop and commercialize the MOSAIC freight forwarding platform and expand the Transport Carrier Management System in the Asia Pacific region, positioning Yojee for growth and enhanced market presence.
More about Yojee Ltd.
Yojee Limited is a leading logistics technology company that focuses on simplifying freight operations through digital innovation. Their platform enables logistics providers to streamline complex supply chain networks into a single, intuitive system, enhancing performance and reducing inefficiencies across air, ocean, and road freight.
Average Trading Volume: 348,677
Technical Sentiment Signal: Hold
Current Market Cap: A$120.8M
For a thorough assessment of YOJ stock, go to TipRanks’ Stock Analysis page.