The merger of two internet giants in Japan looks good on paper. The question is how well they can make it work.
Instant messaging app Line and news and shopping site Yahoo Japan, which is indirectly controlled by SoftBank, are in discussions to combine, the companies said Thursday. Both make most of their money in Japan. Line has around half of its users in three other markets—Taiwan, Thailand and Indonesia—but these only generate around a quarter of revenue. Yahoo Japan is separate from the U.S. Yahoo website, owned by Verizon...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It seems to be unnecessary.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Yahoo-Line Merger Plan Raises Hopes for Japanese ‘Super App’Investors welcomed plans for a merger to create an internet-services giant in Japan controlled by SoftBank founder Masayoshi Son, but Yahoo Japan and chat app Line face challenges combining their businesses. “Internet” should be capitalized.
Source: WSJ - 🏆 98. / 63 Read more »
SoftBank's Yahoo Japan confirms merger talks with Line, shares jumpSoftBank's Yahoo Japan, one of Japan's top internet firms, confirmed i... 4:50 ДП · 14 нояб. 2019 г. Great
Source: Reuters - 🏆 2. / 97 Read more »
SoftBank's Yahoo Japan in merger talks with Line, shares jumpYahoo Japan is in talks with Line for a merger that would create a $27 billion tech giant I am a little disappointed that there is no international permanent base station on the moon by now. Is there technical reasons why this as not happened?. If there is not a band called Yahoo Japan, their aught to be.
Source: Reuters - 🏆 2. / 97 Read more »