(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
Stay updated! Google Messages Beta introduces a fresh Gallery Picker UI. Explore it now for enhanced messaging experience.
ernest hamiltonExciting news! Samsung has begun developing One UI 7.0 Beta, based on Android 15, for the Galaxy S24 series. Stay tuned for the latest updates.
ernest hamiltonStay tuned for Pixel 8a's first update, introducing Google's AI Wallpaper Generator! Don't miss out on this exciting feature.
ernest hamiltonWith Google Messages, you can now enjoy a new audio recorder and voice moods, enhancing your messaging experience. Check it out today!
ernest hamiltonThe iOS 17.5 RC release brings several enhancements, including updates to the Podcasts widget, an improved unwanted tracking system, Repair State mode, and more.
ernest hamiltonThe decision to revoke export licenses to Huawei could have significant implications for chip sales by Intel and Qualcomm in the US.
ernest hamiltonExperience innovation like never before with Samsung's upcoming Galaxy S25 Series, set to introduce the groundbreaking 'Battery AI' feature. Learn more in our latest article!
ernest hamiltonThe leaked promo images of the Sony Xperia 1 VI reveal exciting details ahead of its launch. Dive into the details in our latest article!
ernest hamilton