TOKYO -- Japan's KDDI is set to invest in the country's third-largest food delivery service, Menu, as the telecom operator seeks to expand its mobile payment platform by making use of delivery data amid flat growth in the telecommunications business.
Uber Eats Japan and Demae-can are the two largest food delivery companies in Japan, but the latest move illustrates the heightened competition prompted by an expanding market and increased demand for deliveries brought on by the COVID-19 pandemic.
