ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Investors applaud mooted $27bn Yahoo Japan-Line deal

Rare Japanese-Korean tie-up seeks to create Alibaba-style super app

A merger of Yahoo Japan and Line would create with greater revenue than Rakuten, the country's leading internet company. (Nikkei montage)
JOHN PAUL RATHBONE, Nikkei Asian Review business and markets news editor | Japan

TOKYO -- Shares in Softbank's Yahoo Japan surged as investors cheered the prospect of its merger with messaging app Line, a $27 billion union that would create a giant payments, news portal and e-commerce platform with over 100 million users.

Read Next

Sponsored Content

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

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close