Yahoo LINE Management integration negotiations allowed Giant group is born November 14 11:00

Softbank Group IT giant Yahoo and communications app giant LINE commented each morning on the 14th and admitted that they are proceeding with negotiations for management integration. If realized, a huge group that handles various Internet services will be created.

Yahoo ’s holding company, Z Holdings, commented on the morning of the 14th that it is proceeding with the integration negotiations, saying that “the fact is that LINE is in discussion with LINE, but there is no fact decided at this time”. did.

In addition, LINE says, “It is a fact that we are studying as one of the measures to improve corporate value”.

According to the parties concerned, both companies are proceeding with integration negotiations with Softbank, the parent company of both companies, and IT companies and neighbors in Korea. Softbank and Neighbors are sharing 50% of each other to establish a new company, with Z Holdings under its umbrella and plans to make Yahoo and LINE subsidiaries.

LINE has more than 80 million users in Japan alone, and recently it is focusing on comprehensive financial services through apps, including smartphone payments.

Yahoo, on the other hand, provides services such as search and news distribution, and has about 50 million users.

When integration is realized, the future of negotiations will attract attention because it will create a huge group that handles various Internet services such as search, SNS, online shopping, and finance.

LINE stocks rush to buy orders

SOFTBANK Group IT giant Yahoo has been negotiating with LINE, a communications app giant, for business integration. Buy orders are inundated.

While many buy orders are gathered at a high stop price, which is the limit of the daily price increase, there are almost no sell orders, and as of 10:30 am, there is no price.