Yahoo and LINE integration Expected to be delayed due to corona impact 19:15, June 30
The business integration between Yahoo and LINE, which was scheduled for October, is expected to be delayed. This is because the procedure under the competition law has not been completed in some countries due to the spread of new coronavirus infection.
Yahoo's parent companies, Z Holdings and LINE, have agreed to integrate their businesses this October, and authorities in various countries are proceeding with competition law examinations.
However, according to the announcement, due to the spread of the new coronavirus infection, the procedure has not been completed in some countries.
As a result, it is expected that there will be a delay in the completion of the business integration.
It explains that there will be no changes to the conditions and methods of business integration, as the company will announce the details as soon as they are decided.
If this management integration is realized, a group will be created to handle online mail order, SNS, financial services, etc., aiming to compete as giant IT companies in the US and China as IT companies originating in Asia. I am.