Business deals

South Korea gives Yahoo Japan-Line merger talks a warm reception

Chat app parent Naver's shares surge as investors put profits over politics

20191114 NAVER logo

The Line business generated about 35% of Naver's sales in 2018. © Reuters

KOTARO HOSOKAWA, Nikkei staff writer
November 14, 2019 19:06 JST

SEOUL -- The proposed union of Yahoo Japan and the Line messaging app has received a warm welcome from investors in South Korea, home to Line's parent Naver.

Read Next

Latest on Business deals

  • Business deals

    Netflix to buy Warner Bros. Discovery's studios, streaming unit for $72bn

    Netflix to buy Warner Bros. Discovery's studios, streaming unit for $72bn
  • Business deals

    Kokuyo makes $185m tender for Vietnam's Thien Long Group

    Kokuyo makes $185m tender for Vietnam's Thien Long Group
  • Business deals

    Sumitomo Rubber to acquire Dunlop name rights in Malaysia, Singapore

    Sumitomo Rubber to acquire Dunlop name rights in Malaysia, Singapore

    • Sponsored Content

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