SoftBank and PayPay Said to Be in Talks to Invest in Seven & I
The talks could deepen PayPay’s reach into convenience-store spending and add capital for Seven & i as it restructures after a rejected takeover bid.
8 Articles
8 Articles
SoftBank, PayPay to invest in 7-Eleven parent company Seven & i
SoftBank and mobile payments operator PayPay are in the talks to invest in Seven & i, the retail giant behind 7-Eleven, according to Bloomberg. The report mentioned the investment will likely be worth several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, might also take a stake. This deal would unite two of Japan’s major payment service providers with the country’s No. 1 convenience-store network. This …
SoftBank, PayPay in talks to invest in Seven & i, Bloomberg reports
SoftBank Considers Stake in Seven & i to Boost AI, Payments
SoftBank Corp. and PayPay Corp. are considering buying a stake worth several hundred billion yen in Seven & i Holdings Co., people familiar with the matter said, in a deal that would unite Japan’s dominant payments operator with its biggest convenience store operator.
SoftBank and PayPay said to be in talks to invest in Seven & i
Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which reported the discussions on Friday. Neither the size nor the structure of any deal has […] This story continues at The Next Web
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