SoftBank payments app unit PayPay submits application for US listing

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Synopsis

The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement.

Image for SoftBank payments app unit PayPay submits application for US listingReuters
SoftBank said on Friday that payments app operator PayPay Corp has applied to list American depositary shares in the United States.

The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement.

Reuters reported this week that SoftBank had selected banks for a potential initial public offering in the U.S.

The offering may raise more than $2 billion from investors and could…



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SoftBank payments app unit PayPay submits application for US listing


Synopsis

The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement.

Image for SoftBank payments app unit PayPay submits application for US listingReuters
SoftBank said on Friday that payments app operator PayPay Corp has applied to list American depositary shares in the United States.

The exact schedule, size and price for the public listing have yet to be determined, SoftBank said in a statement.

Reuters reported this week that SoftBank had selected banks for a potential initial public offering in the U.S.

The offering may raise more than $2 billion from investors and could…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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