Mobility
Japan\'s biggest IPO of 2026 draws strong debut as taxi app GO jumps 21 percent
Japan taxi-hailing app GO began trading on the Tokyo Stock Exchange Growth market at 2,910 yen, 21 percent above its IPO price of 2,400 yen. The first trade valued the company at about 226 billion yen. GO said demand was strong from both domestic and overseas investors. The app has more than 35 million cumulative downloads and about 85,000 affiliated taxis. GO forecasts revenue of 40.8 billion yen and operating profit of 7.0 billion yen for the year ended May 2026.
