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Taxpayers must pay the freight for over-budget train projects
Topic - Andrew Pipolo
PayPal, the online payment unit of Internet commerce firm eBay Inc., is planning to break into the Japanese market _ the first time it has entered a region without eBay's powerful auction business.
But Pipolo said Japan remains attractive as the world's second-largest online consumer market, with transactions totaling 6.7 trillion yen ($76 billion) last year and expected to nearly double to 12.2 trillion yen ($139 billion) by 2014.
He said the company has been ramping up its presence in Tokyo, where it recently set up a new office and now employs about 20 people.