Softbank, Paypal Form Japn JV, Target iPhone Users

May 09, 2012 10:28 AM EDT

Share This Story

  • Print
  • Email

(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.

Follow us

Get the Most Popular Mobile&Apps Stories in a Weekly Newsletter

Copyright 2013 Thomson Reuters. All rights reserved.

Join Our Conversation

Sponsored
Smartphones
LG Optimus GJLG Optimus GJ Waterproof Smartphone Now Official, Will Sport $600 Price Tag
Nokia Launched LiveSight For HERE Maps On Windows Phone 8
Samsung Galaxy S4 Sells 10M Units In First Month, More Color Options Coming This Summer
HTC One Google Edition With Stock Android May Arrive This Summer
Tablet / Laptop / PC
Kindle Fire HD 8.9" TabletAmazon Launches 7-Inch And 8.9-Inch Kindle Fire HD Tablets In 170 Countries
Lenovo ThinkPad Helix Hybrid Tablet-Ultrabook Now Available Starting At $1679
Samsung Galaxy Tab 3 Leaks In Benchmarks With Intel Inside
Samsung Galaxy S4, Galaxy Note 8.0 Top Consumer Reports Rankings
Gadgets
Intel ISEF 2013 WinnersRecharge Your Phone In 20 Seconds With This Revolutionary Device
Ouya Will Be At E3 2013, But Not Where You Think
Next Microsoft Xbox To Sport Dashboard UI Update And Tile Changes
Google Media Streamer Hits FCC To Replace Nexus Q
OS / Software
Jolla SailfishFormer Nokia Team Jolla, Announces First Sailfish Powered Smartphone For Asia
Android 4.2.2 Jelly Bean Update For Samsung Galaxy S3 Transform It Into Galaxy S4 (To Some Extent)
iOS 7 To Come With Flickr, Vimeo Integration
Samsung Galaxy S4 'Google Edition' Will Be Available In U.S. Only?
Internet / Social Media
FaceTimeAT&T Promises Cellular Video Calls, Mobile Video Chat For All Customers
Flickr Boasts 'Spectacular' Redesign, Offers A Whopping 1TB Of FREE Storage
Download 40 GB In A Second: Researchers Set Up World's Fastest Wi-Fi Network In Germany
YouTube Shoppable Videos - Will Google Hit A New Jackpot?
What's App
LiveSightNokia Launched LiveSight For HERE Maps On Windows Phone 8
Nokia Xpress Now Web App Announced For Asha Devices
Samsung Galaxy S4 App Contest Boasts $800,000 Total Prizes For Talented Devs
Intellicam App Brings First Hands-Free Camera Feature To Windows Phone 8

DON'T MISS

HTC One
HTC One Google Edition With Stock Android May Arrive This Summer
The HTC One flagship smartphone will reportedly join the Samsung Galaxy S4 in offering a Google
Samsung Galaxy S4 In New Color Options
Samsung Galaxy S4 Sells 10M Units In First Month, More Color Options Coming This Summer
The new Samsung Galaxy S4 flagship smartphone sells faster than any of its predecessors, reaching
LiveSight
Nokia Launched LiveSight For HERE Maps On Windows Phone 8
LiveSight brings augmented reality to Nokia HERE Maps on mobile devices.
Kindle Fire HD 8.9" Tablet
Amazon Launches 7-Inch And 8.9-Inch Kindle Fire HD Tablets In 170 Countries
Amazon has launched its 7-inch and 8.9-inch Kindle Fire HD tablets in more that 170 countries and
Galaxy S3 Jelly Bean Update
Android 4.2.2 Jelly Bean Update For Samsung Galaxy S3 Transform It Into Galaxy S4 (To Some Extent)
The Android 4.2.2 Jelly Bean firmware for the Samsung Galaxy S3 has been leaked and many users of
Nokia Xpress Now Web App
Nokia Xpress Now Web App Announced For Asha Devices
Nokia Asha users have something new to play with today in the form of Xpress Now web app.

Intel ISEF 2013 Winners
Recharge Your Phone In 20 Seconds With This Revolutionary Device
A California teen has developed a tiny gizmo that could charge a phone in just 20 to 30 seconds,
Sprint 4G LTE
More BlackBerry Devices On The Way, Says Sprint
If you were left impressed with the major releases from BlackBerry earlier this year viz. BlackBerry
Jolla Sailfish
Former Nokia Team Jolla, Announces First Sailfish Powered Smartphone For Asia
Nokia's former MeeGo team is gearing up to take the smartphone world by storm with a new operating
Motorola USB Drivers .ini File
Motorola XFon May Hit Verizon, Sprint Later This Year
An .ini file pulled from Motorola USB drives shows a Motorola XT1060 handset, i.e. the rumroed
Copyright © 2013 Mobile & Apps All rights reserved. mobilenapps
Real Time Analytics