PayPay Corp., a Japanese digital payments leader, and a unit of SoftBank Group raised $879.8 million in an initial public offering (IPO) launched last week in the US, japantimes.co.jp reported, noting that it was the largest listing by a Japanese company on a US stock exchange in a decade. Tokyo-based PayPay priced its initial public offering of American depositary receipts (ADRs) at $16 per share, below the $17-$20 range. An ADR represents one ordinary share. The company sold 31.1 million ADRs,