PayPay Corp., the Japanese provider of a popular digital payment app, made a major stock market debut on the U.S. Nasdaq exchange on Thursday, a move aimed at supporting its global expansion.PayPay was valued at around $12.1 billion based on its closing price of $18.16, exceeding the initial offering price of $16 per share. The offering price was set below the initially indicated range of $17 to $20.Although U.S. stocks fell broadly on concerns over the war raging in the Middle East, the new share opened at $19, about 19 percent above the offering price.At a commemorative ceremony at the Na…READ FULL ARTICLE
