Shares in Z Holdings, which had a stock market value of about $17 billion at Wednesday’s close, jumped 17%. Shares in Line, which is valued at about $10 billion, closed up 15%.
Line said in a statement it was considering ways to improve its corporate value but nothing had been decided. Those services are money-losing, with Line - which last year sold a majority stake in its mobile unit to SoftBank - reporting three consecutive quarters of operating losses as it tries to jump-start growth.
If there is not a band called Yahoo Japan, their aught to be.
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?.
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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 »
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.
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