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Business deals

Japan's Yahoo and Line announce October 2020 merger plan

SoftBank and Naver's venture to be Japan's largest online player

A merger of Yahoo Japan and Line would create a company with greater revenue than Rakuten, Japan's leading internet company. (Nikkei montage)

TOKYO -- The operators of Yahoo sites in Japan and the Line chat app jointly announced on Monday that they have reached a basic agreement on a merger. The companies aim to sign a finalized agreement in December.

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