SoftBank and its payments unit PayPay are reported to be in discussions with Seven & i Holdings about an investment in the convenience-store operator behind 7‑Eleven in Japan, according to Bloomberg and other outlets. The possible move would link Japan’s largest payments app with one of the country’s biggest convenience-store chains. Media reports do not agree on or specify the expected deal size or the structure of any transaction. One report says SoftBank is considering using its in-house AI capabilities to improve store management, and that it could also introduce autonomous robots in stores as part of the effort. Other coverage focuses primarily on the talks themselves and the strategic alignment between the payments business and the retail operator. As described in the reports, the discussions are at an early stage and details remain unclear. The reports characterize the potential investment as a way to bring payments and retail operations closer, while SoftBank and PayPay have not publicly confirmed the terms or whether a deal will be reached.
SoftBank and PayPay reportedly in talks to invest in Seven & i
SoftBank and its payments unit PayPay are reported to be in discussions with Seven & i Holdings about an investment in the convenience-store operator behind 7‑Eleven in Japan, according to Bloomberg a...
- SoftBank and PayPay are reported to be in talks to invest in Seven & i Holdings, the 7‑Eleven operator in Japan.
- Bloomberg is cited by multiple outlets as the source of the report on the discussions.
- Reported plans include using AI to improve store management.
- One report says the company could introduce autonomous robots in Seven & i stores.
- No deal size or structure is reported as confirmed, and details are described as unclear.
The deal with PayPay would unite Japan's dominant payments operator with its biggest convenience store operator.
1 month agoSoftBank intends to use AI to improve store management and introduce autonomous robots in stores, media report says
1 month agoSoftBank reportedly plans to use its in-house AI to improve store management and introduce autonomous robots.
1 month agoJapan’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
1 month ago
Review round-up highlights Chinese car models gaining popularity in the UK
Several outlets report that Chinese-made cars are increasingly visible on UK roads, with one review-focused article high...
Hundreds of migrants cross the English Channel after brief hiatus
Hundreds of migrants cross the English Channel after a short break, according to reports from multiple outlets. The cros...
Ella Langley’s “Choosin’ Texas” extends Billboard chart reign and breaks Hot 100 tie
Ella Langley’s “Choosin’ Texas” continues its run at the top of Billboard charts, adding another week in which it leads...