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PayPal to Acquire Paidy for 2.7 B. Dollars

PayPal to Acquire Paidy for 2.7 B. Dollars

   Silicon Valley, Sept. 7 (Jiji Press)--U.S. payments giant PayPal Holdings Inc. said Tuesday that it will acquire Paidy Inc., a Japanese firm providing deferred payment services, for roughly 2.7 billion dollars.
   PayPal said the acquisition will expand its capabilities, distribution and relevance in the payments market in Japan, the third largest e-commerce market in the world.

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AFP-JIJI PRESS NEWS JOURNAL


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