As Line hits growth wall it seeks SoftBank integration

A merger threatens to shake up Asia's digital services playing field

20191114 LINE SOFTBANK.jpg

SoftBank is expected to become the parent company of a new joint venture to be set up by SoftBank and Naver. (Photos by Ken Kobayashi)

YOSHINO SAKURAI and MASAAKI KUDO, Nikkei staff writers

TOKYO -- The company that runs the popular-in-three-markets Line chat app is in the final stages of integration talks with the operator of the Yahoo Japan stable of internet services, a merger that could rearrange Asia's smartphone app battlefield.

It was in January when Line President Takeshi Idezawa declared that Line would go on a strategic investment offensive focusing on fintech and artificial intelligence. "We will double strategic investment," he said of the year ahead.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.