PayPay targets ¥170 billion in U.S. listing, largest-ever by a Japanese company

PayPay, a SoftBank Group subsidiary, plans to list on the U.S. Nasdaq market by the end of this month and is targeting ¥170 billion in fundraising. The listing is reported to be the largest-ever by a Japanese company.

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The story

PayPay plans to list on the U.S. Nasdaq market by the end of this month and is reportedly targeting ¥170 billion in fundraising.

The listing will be carried out by PayPay, a SoftBank Group subsidiary, and is reported to be the largest-ever listing by a Japanese company.

At a glance

Fundraising targetThe company is targeting ¥170 billion in fundraising

Listing venuePlans to list on the U.S. Nasdaq market

TimingPlans to list by the end of this month

Corporate affiliationListing by PayPay, a SoftBank Group subsidiary

Scale assessmentReported to be the largest-ever listing by a Japanese company

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The Nikkan Kogyo ShimbunNews

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