SoftBank and PayPay offer to invest up to $1.9bn in 7-Eleven parent

Move aims to bolster convenience stores and points ecosystem Seven & i is looking for backing from SoftBank and partners to expand its points network and improve store operations. (Nikkei composite) TOKYO — Seven & i Holdings is in talks to accept an investment of up to 300 billion yen ($1.9 billion) from SoftBank Corp. and its affiliate PayPay, Nikkei has learned, as the companies seek to strengthen Japan's largest convenience store chain through their extensive payment and loyalty point networks.

Read the full article at the source →