Regardless of the ongoing diplomatic brouhaha, many industry watchers expect Naver to divest its stake in the 50:50 joint venture with SoftBank that controls the Line messenger app and Yahoo Japan.
SEOUL (Reuters) - South Korea's largest web portal operator Naver Corp won't decide on when to IPO its messenger app service unit Line Corp [IPO-LINE.T] until its earnings and market conditions ...
Add Yahoo as a preferred source to see more of our stories on Google. The logo of free messaging app Line is pictured on a smartphone and the company's stuffed toy in this photo illustration taken in ...
On August 2, 2024, SoftBank announced that its subsidiary LINE Yahoo! would be making a tender offer for its own shares. This is aimed at increasing LINE Yahoo!'s outstanding share ratio to '35% or ...
SEOUL, July 30 (Reuters) - Shares in South Korea's top web search operator Naver Corp fell sharply after it reported weaker-than-expected second-quarter profit, weighed in part by lower revenues at ...
Regardless of the ongoing diplomatic brouhaha, many industry watchers expect Naver to divest its stake in the 50:50 joint venture with SoftBank that controls the Line messenger app and Yahoo Japan.
SEOUL (Reuters) - Naver Corp held off on an IPO for its Line Corp unit on the belief that the messaging app operator can command a better valuation by further building its revenue and profit, Naver's ...
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