Japanese Ride-Hailing App Go Raises Over Half a Billion Dollars in Stock Market Debut

Go, a ride-hailing app backed by Goldman Sachs, went public in Japan on June 16, raising $553 million. The stock priced at the highest end of its planned range, showing strong investor appetite. The successful listing suggests Japan's secondary stock market is becoming a credible destination for homegrown technology companies, not just a fallback for established firms.