Lates News

SoftBank Group announced that its financial service provider, PayPay, has launched its first public offering roadshow. The offering is expected to total 54,987,214 American Depositary Shares, with 31,054,254 shares issued by PayPay and 23,932,960 shares issued by a SoftBank investment fund. PayPay plans to grant underwriters the option to purchase an additional 8,248,081 ADS. The expected price range for the ADS is between $17 to $20 per share. PayPay has applied to list on the Nasdaq under the ticker symbol "PAYP".