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U-NEXT HOLDINGS Expands Cashless Payment Business

U-NEXT HOLDINGS Expands Cashless Payment Business

U-NEXT HOLDINGS Co.Ltd. (JP:9418) has released an update.

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U-NEXT HOLDINGS Co., Ltd. has announced plans to acquire NetMove Corporation from SBI Sumishin Net Bank, making it a wholly-owned subsidiary, followed by a strategic company split. The move aims to integrate payment solutions with banking services to enhance service value and create a competitive edge by offering comprehensive merchant services. This strategic acquisition and restructuring are expected to expand the company’s cashless payment capabilities and potentially venture into e-commerce integration.

For further insights into JP:9418 stock, check out TipRanks’ Stock Analysis page.

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