Batista brothers’ PicPay valued at $2.5 billion as shares jump in Nasdaq debut

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Jan 29 (Reuters) – Shares ‍of PicPay, controlled ‌by ‌the billionaire Batista family, jumped 2.6% ‍in their Nasdaq debut ‍on Thursday, valuing the ‍Brazilian digital bank ‍at $2.53 ‍billion.

(Reporting by Ateev ⁠Bhandari in ‌Bengaluru; Editing by Shilpi ⁠Majumdar)

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Batista brothers’ PicPay valued at $2.5 billion as shares jump in Nasdaq debut

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