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LY Corporation (LINEヤフー株式会社, Rain Yafū Kabushiki-gaisha, lit. ' Line Yahoo Corporation '), trading as LYC, [1] is a Japanese internet company owned by A Holdings, a joint venture between SoftBank Group of Japan, and Naver Corporation of South Korea, [2] founded in 2023 by the merger of Z Holdings, and four subsidiaries including Line Corporation and Yahoo!
The company operates various internet services, including the communication app Line, as well as Line Music, and Line Manga, and Line Pay. In 2019, during the merger with Yahoo, Line Corporation (the original entity) was reorganized into a holding company and established as Line Split Preparation Corporation, and in 2021, it changed its company ...
Online services Yahoo Japan and Line Corp. have announced they are merging. Z Holdings Corp., which owns SoftBank Corp. that operates Yahoo Japan, and Naver Corp. of South Korea, which owns a ...
It was founded in 2019 as a result of Yahoo! Japan Corporation's change to a holding company structure. In 2020, it merged with Line Corporation, a subsidiary of South Korean Naver Corporation, and became a subsidiary of A Holdings, a joint venture between SoftBank Group and Naver Corp. As a result, Line Corporation became a subsidiary of Z ...
SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival ...
(Bloomberg Opinion) -- Six months ago, a largely forgotten unit of SoftBank Group Corp. announced a complicated merger aimed at expanding its Japanese internet and e-commerce footprint.Z Holdings ...
In March 2021, Yahoo! Japan Corporation was renamed Z Holdings and merged with LINE Corporation. [10] Under the new structure, Naver Corporation (Line's former parent company) and SoftBank Corp. (the wireless carrier unit of SoftBank Group) each hold 50 percent stakes in a new company named A Holdings Corp., which holds a majority stake in Z ...
For smaller companies trying to plant a stake in the ground of larger, more established companies, one strategy is simply to team up. That's what three small well-known players in mobile phones ...