Yahoo Japan to merge with Naver's Line app

[bill]

Yahoo Japan to merge with Naver's Line app [asia.nikkei.com]

The operators of Yahoo sites in Japan and popular messaging app Line seek to merge into an internet group that spans finance, retail and other services, Nikkei has learned.

SoftBank Group, which owns 45% of Yahoo Japan parent Z Holdings, and South Korea's Naver, which owns 73% of Line, are in the final stage of negotiations, sources said. They aim to reach a basic agreement by the end of the month.

[beware paywall article]

[engine]

Here's one not behind a paywall [bbc.co.uk...]

[lucy24]

Oh! So that's where “Line” comes from! I recently noticed a new bot calling itself LineSpider, and in subsequent developments it turned out to be directly linked with Yeti (the Naver spider). In fact I was just on my way to update...