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Dow JonesJun 16 21:00

DeNA Sells Go Inc Shares in 36.6 Billion Yen Secondary Offering

MT NewswiresJun 16 17:33

Ride-hailing app Go surged on its first day of listing, marking Japan's largest IPO of the year.

Gelonghui, June 16 | Ride-hailing app Go raised JPY 88.6 billion (approximately USD 552.6 million) in its IPO, marking Japan’s largest initial public offering so far this year. Shares of Go surged on their Tokyo debut, climbing as much as 23% above the issue price of JPY 2,400 in early trading before paring some gains. After the midday break, the stock was up 8.8%. Founded in 1977 as a taxi operator, Go has since evolved into Japan’s largest taxi-hailing application. The company plans to use the net proceeds from the offering to fund research and development for its autonomous taxi business.

Gelonghui FinanceJun 16 12:52

GO—indicating strong buying interest, listed today on the Tokyo Stock Exchange Growth Market.

Today, GO <581A> listed on the Tokyo Stock Exchange Growth Market. Currently, there are approximately 4.69 million shares bid at the offering price of ¥2,400, approximately 1.03 million shares offered, resulting in a net bid of approximately 3.66 million shares.

Fisco JapanJun 16 08:02

GO: Interim Report

EDINETJun 16 08:00 · Announcements

Market Chatter: Go Inc. Shares Set to Debut on Tokyo Stock Exchange After $553 Million IPO

MT NewswiresJun 16 07:35