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Business deals

Yahoo Japan to merge with Naver's Line app

Deal sought this month on Japanese-Korean joint venture to own both companies

The new company -- a merger between Yahoo Japan and Line -- will have a combined user base totaling 100 million people, becoming the dominant mobile payment service provider in Japan.

TOKYO -- The operators of Yahoo sites in Japan and popular messaging app Line seek to merge into an internet group that spans finance, retail and other services, Nikkei has learned.

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