Sources: PayPay priced its US IPO at $16 per share, below its targeted price range of between $17 and $20; the IPO raised $880M, valuing the company at $10.7B (Echo Wang/Reuters)

Echo Wang / Reuters: Sources: PayPay priced its US IPO at $16 per share, below its targeted price range of between $17 and $20; the IPO raised $880M, valuing the company at $10.7B   —  SoftBank Group-backed PayPay priced its U.S. initial public offering at $16 per share on Wednesday, below its targeted price range …