US Stock Market Move | PayPay (PAYP.US) continued to rise by over 15% on the day after its IPO, reaching a total market value of $14 billion.

After soaring 13% on its first day of trading on Thursday, PayPay (PAYP.US), a Japanese digital wallet operator supported by SoftBank, continued to rise by over 15% on Friday, reaching a total market value of $14 billion. Established in 2018 as a joint venture between SoftBank and Yahoo Japan (now LY Corp.), PayPay has become the absolute leader in the Japanese mobile payment sector, holding around 70% of the market share for smartphone payments in Japan. Data shows that by the end of December 2025, the company had 72 million registered users, covering almost half of Japan's population, successfully driving the transformation of cash payments in Japan towards cashless. Financial data shows that in the nine months leading up to December 31, 2025, the company's revenue reached 278.5 billion yen, a 26% year-on-year increase, with a net profit of 103.3 billion yen, a significant growth of 256%.