PayPal Wants to Expand in Japan Through Partnerships and Acquisitions

$PayPal (PYPL.US)$
PayPal CEO Dan Schulman said in a media interview that the company sees partnerships and acquisitions as key to expanding its business in Japan, rather than just focusing on its PayPal brand.

PayPal took a big step in that direction in September when it agreed to buy Japanese "buy now, pay later" platform Paidy for $2.7 billion in cash to strengthen its business in Japan.