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GMO Internet Inc (9449.T)

9449.T on Tokyo Stock Exchange

8 Dec 2016
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¥-26 (-1.78%)
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Mon, Aug 22 2016

BRIEF-GMO payment gateway to raise stake in GMO Financial Gate and GCS

* Says the company, as the wholly owned subsidiary of GMO Internet Inc, plans to buy 58,621 shares in GMO Financial Gate, a Tokyo-based firm engaged in settlement service business of credit card etc., for 1.7 billion yen

BRIEF-Japan Post Holdings to sell its internet payment unit to GMO Internet Group - Nikkei

* Japan Post Holdings will sell an online payment service operation that has failed to attract customers amid competition from big e-commerce co's - Nikkei

BRIEF-Aozora plans Capital and Business Alliance for Joint Venture Internet Bank with GMO Internet, Inc.

* Says Aozora Bank Ltd and wholly-owned subsidiary Aozora Trust Bank,Ltd. have entered into a capital and business alliance with GMO Internet Inc regarding a joint venture Internet bank, which will be operated by Aozora Trust

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