(Reuters) - Softbank Corp said on Wednesday that it and eBay Inc unit PayPal will form a joint venture to expand Japan's e-payments market by targeting users of Apple Inc's iPhone.
Softbank, which competes with bigger KDDI Corp in supplying Apple's popular smartphone in Japan, and PayPal will each invest 1 billion yen ($12.54 million) in the joint venture, Softbank President Masayoshi Son told reporters at a news conference.
Copyright 2020 Thomson Reuters. All rights reserved.most read
more stories from Mobile
Big news! Apple nearing agreement with Baidu for AI integration in Chinese iPhones. Stay tuned for the latest updates on this exciting collaboration.
ernest hamiltonSamsung expands Galaxy AI rollout to millions of users. S23, Z Flip 5, Z Fold 5 included. Explore the latest enhancements and features. Upgrade your device now!
ernest hamiltonExciting update alert! Google Messages Beta introduces Gemini for selected users. Experience enhanced chats with this new feature. Explore the latest innovations now!
ernest hamiltonRumor alert! iPhone 16 Pro to feature A18 Pro chip, enhancing AI with 6-core GPU. Stay tuned for the latest updates on Apple's next-gen device.
ernest hamiltonExciting news for Samsung users! One UI 6.1 update rolls out this week, introducing Galaxy AI for S23, Fold5, and Flip5. Explore the latest features and enhancements. Update now!
ernest hamiltonGoogle ceases Pixel 6a sales, signaling a strategy shift. Stay informed on the latest developments in the smartphone market.
ernest hamiltonUnlock savings with Samsung! New price offer promotion introduced for Galaxy S24 phone buyers. Don't miss out on this limited-time deal. Upgrade your device today!
ernest hamiltonGet ready for a game-changer! iOS 18 set to introduce highly customizable home screen in the biggest iPhone update yet. Stay tuned for the ultimate personalization experience!
ernest hamilton