Goldman-Backed Go Taxi App Said to Plan Japan IPO This Year

Japan’s most popular taxi-hailing provider Go Inc. is planning an initial public offering this year which could raise several hundred million dollars, according to people familiar with the matter.

The IPO could raise in the range of 50 billion yen to 80 billion yen (approximately $300 million and $500 million) and the company is working with banks including Bank of America Corp., Goldman Sachs Group Inc. and Nomura Holdings Inc. on a possible listing, said the people who asked not to be identified as the information isn’t public.