Paypal

United States-listed payment firm PayPal Holdings, Inc. has on Thursday announced that it has invested in Sweef Capital's Southeast Asia Women's Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support their shared mission to advance women's inclusion in the global economic and financial system.

The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, complementing the company's existing cross-border ecommerce business in the country, PayPal said.

Facebook and WhatsApp want to "serve small businesses" with this Gojek deal.