Friday, 24 March, 2023

Google to acquire Japanese digital payment firm Pring 

<p>Google is looking to expand its reach in Japan&rsquo;s cashless market as it has agreed to acquire digital payments firm Pring. A combined 87 % of Pring will be sold by the company&rsquo;s top three shareholders - Metaps, Miroku Jyoho Service, and Nippon Gas. Metaps said it is selling its 45% stake for 4.9 bn yen. Google Pay has been operating in Japan since 2016. Japanese people have been encouraged by firms like Rakuten and Softbank group to go cashless.</p> <p>&nbsp;</p>