PayPay's U.S. IPO Filing Propels SoftBank Shares to Record Highs
2025-08-18 / Read about 0 minute
Author:小编   

Shares of SoftBank soared approximately 3% to reach an all-time high, fueled by its subsidiary PayPay's submission of a draft registration statement for its upcoming listing on the U.S. stock market. Analyst Tomoaki Kawasaki commented that the market anticipates PayPay's IPO to bolster SoftBank's market capitalization, thereby catalyzing further stock purchases. On Monday, the parent company, SoftBank Group, saw its shares climb roughly 2.7%, while shares of another subsidiary, Z Holdings, also advanced by approximately 1.4%. SoftBank Group affirmed on Friday that PayPay will continue to operate as a subsidiary post its U.S. listing.