$PayPal (PYPL.US)$ PayPal CEO Dan Schulman said in a media i...

$PayPal(PYPL.US)$ 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 Paidy, a Japanese buy-now pay-later platform, for $2.7bn in cash to strengthen its presence in Japan. Paidy and a lot of incremental resources and potential incremental acquisitions will really be the focus of their activities in Japan, he added.