Technology

SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

5 years ago

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https://www.reuters.com/article/us-z-holdings-line/softbank-to-create-30-billion-tech-giant-via-yahoo-japan-line-corp-deal-idUSKBN1XR0W5

SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses.

SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

Nov 18, 2019, 2:29pm UTC

$xdcOWPpsb_

https://www.reuters.com/article/us-z-holdings-line/softbank-to-create-30-billion-tech-giant-via-yahoo-japan-line-corp-deal-idUSKBN1XR0W5 >SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses.