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SoftBank exec says Japanese fintech app PayPay can go public

Loss-making app can easily achieve unicorn valuation, Miyauchi says

Loss-making PayPay can go public anytime at a valuation of well over $1 billion, a SoftBank executive said on Thursday. (Photo by Taro Yokosawa)

TOKYO -- PayPay, a fast-growing Japanese mobile payment app backed by SoftBank Group, can go public anytime, a SoftBank executive said on Thursday.

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