New York is seen as a more attractive destination than Tokyo for listings given the higher valuations tech companies generally achieve there, one of the people said. The timing of the listing was still unclear as money-losing PayPay needs to first demonstrate a clear path to profitability, the cited person above said.
SoftBank has previously set a PayPay listing as a goal, with one executive saying in November it was worth just under 1 trillion yen ($7.17 billion). That the conglomerate is considering a US listing has not been previously reported.
Denne historien er fra July 13, 2023-utgaven av Mint Mumbai.
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Denne historien er fra July 13, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
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