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PayPay Delays IPO Amid Market Turmoil and Conflicts

3/3/2026

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Story summary
  • PayPay postponed its U.S. initial public offering due to market volatility and Middle East conflicts.
  • The company planned to announce its IPO price range on March 2 and target a valuation of at least ¥1.5 trillion ($10 billion).
  • PayPay was founded in 2018 as a joint venture between SoftBank and Yahoo Japan.
  • Investors remain hopeful for three major IPOs in 2026: SpaceX, OpenAI, and Anthropic, despite the delay.