SoftBank-backed PayPay shares indicated to open 38% above IPO price
12/03/2026 14:13
March 12 (Reuters) - Shares of PayPay PAYP.O were indicated to open 37.5% above their offer price in their Nasdaq debut on Thursday, giving the SoftBank-backed Japanese payments app a potential valuation of $14.71 billion. (Reporting by Arasu Kannagi Basil and Utkarsh Shetti in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com;))
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