|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||57.47 - 58.46|
|52 Week Range||53.70 - 100.00|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||3.04|
|Forward Dividend & Yield||0.40 (0.70%)|
|Ex-Dividend Date||Mar. 30, 2022|
|1y Target Est||48.94|
(Bloomberg) -- Paytm, India’s digital payments pioneer backed by SoftBank Group Corp., received approval from the markets regulator that clears the way for its planned $2.2 billion initial public offering.Most Read from BloombergWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeCities' Answer to Sprawl? Go Wild.One of California’s Wealthiest Counties Could Run Out of Water Next SummerForget Palm Springs—Santa Fe I
Coupang's stock opened at $63.50 per share on its first day of trading, far above its IPO price of $35, and hit an intraday high of $69 before closing at $49.25. Today, Coupang's stock trades in the high $20s, but remains a divisive investment. Last month, SoftBank sold a whopping 57 million shares of Coupang at an average price of $29.69 per share for total proceeds of $1.69 billion.
SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany's United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver. The talks are ongoing and plans could change, said two sources familiar with the matter, who declined to be named as they are not permitted to speak to the media. It is not clear whether SoftBank will retain a stake in the business, nor how much the deal would be worth.