Tokyo, July 11 (Jiji Press)--Japanese mobile phone carrier SoftBank Corp. and smartphone payment firm PayPay Corp. are considering investing several hundred billion yen in major retailer Seven & i Holdings Co., it has been learned. The two SoftBank Group Corp. affiliates

SoftBank and its payments arm PayPay are in talks to invest in Seven & i, the owner of 7-Eleven, according to Bloomberg, as the retailer restructures.

The investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also take a stake, Bloomberg said.

Move aims to bolster convenience stores and points ecosystem

SoftBank and PayPay are in talks to invest up to $1.85 billion in Seven & i Holdings, integrating AI tools and mobile payments across 7-Eleven stores in

Investimento faz parte da estratégia da varejista para reforçar sua base acionária e modernizar as operações

Tokyo, July 11 (Jiji Press)--Japanese mobile phone carrier SoftBank Corp. and smartphone payment firm PayPay Corp. are considering investing several hundred billion yen in major…