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.
Business deals
KDDI to invest in Japan's third largest food delivery app Menu
Carrier hopes $45m deal will boost use of its mobile payment in growing market
Japanese telecom operator KDDI will take a 20% stake in the country's No. 3 food delivery service, hoping to boost is mobile payments business. (Source photo by Kaisuke Ota)
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