TOKYO: Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc .
SoftBank said in a statement that Yahoo Japan, which last month changed its name to Z Holdings , will merge with Line in a deal to be completed by October 2020.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »