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Kura Sushi goes all in on Taiwan, citing island's COVID response

Japanese conveyor belt chain to open 50 stores in three years after $17m IPO

Kura Sushi plans to open 50 stores in Taiwan within three years. (Photo from the company's Facebook account)

TAIPEI -- Kura Sushi Asia debuted for over-the-counter trading on the Taipei Exchange Thursday, raising about $17 million that will go toward expanding its presence in Taiwan and other parts of Asia.

The local unit of Japanese conveyor belt sushi chain Kura Sushi ended the session at 108 New Taiwan dollars, 96% higher than its offering price.

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