financetom
Business
financetom
/
Business
/
SoftBank-backed PayPay valued at $12.7 billion in Nasdaq debut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SoftBank-backed PayPay valued at $12.7 billion in Nasdaq debut
Mar 12, 2026 10:11 AM

March 12 (Reuters) - Shares of PayPay opened

18.8% above their offer price in their Nasdaq debut on Thursday,

giving the Japanese payments app a valuation of $12.7 billion.

(Reporting by Arasu Kannagi Basil and Utkarsh Shetti in

Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Devonian Changes CEO
Devonian Changes CEO
Jun 10, 2025
07:18 AM EDT, 06/10/2025 (MT Newswires) -- Devonian Health Group ( DVHGF ) , a clinical stage corporation focused on developing unique solutions to inflammatory diseases, announced overnight Monday the appointment of Dr. Andre Boulet as Chief Executive Officer, replacing Luc Gregoire who will continue in the new role of Executive Vice-President Strategy, effective June 9, 2025. ...
Market Chatter: Morgan Stanley Reaching Out to More Investors for xAI's $5 Billion Debt Sale
Market Chatter: Morgan Stanley Reaching Out to More Investors for xAI's $5 Billion Debt Sale
Jun 10, 2025
07:23 AM EDT, 06/10/2025 (MT Newswires) -- Morgan Stanley ( MS ) is reaching out to more investors in a bid to drive demand for the $5 billion debt sale for Elon Musk's artificial intelligence startup xAI, Bloomberg News reported Tuesday, citing sources familiar with the matter. Bloomberg reported last week that Morgan Stanley ( MS ) is arranging the...
Netflix to invest over $1.14 billion in Spain until 2029
Netflix to invest over $1.14 billion in Spain until 2029
Jun 10, 2025
MADRID (Reuters) -Netflix ( NFLX ) is set to invest over 1 billion euros ($1.14 billion) to produce content in Spain over the next four years, the streaming giant's co-CEO, Ted Sarandos, told an event in Madrid on Tuesday. ($1 = 0.8756 euros) ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved