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SoftBank's PayPay moves closer to public markets with US IPO filing

SummaryCompaniesPayPay's IPO was delayed due to US government shutdownPayments app had 72 million registered users as of DecemberPayPay's IPO follows Arm Holdings' successful 2023 listingFeb 12 (Reuters) - PayPay publicly filed its paperwork for a U.S. initial public offering on Thursday, as the SoftBank-backed Japanese payments app moves ahead with its highly anticipated stock market flotation after a U.S. government shutdown-driven delay.The move sets the stage for the first U.S. listing of a ...

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