TOKYO -- Japan's Z Holdings announced that it will merge with its two wholly owned subsidiaries -- internet portal Yahoo Japan and messenger app LINE -- in an effort to revamp operations and speed up decision-making.
Internet companies intend to speed up decision-making and reignite growth

Line President and CEO Takeshi Idezawa will become president of Z Holdings on April 1.
TOKYO -- Japan's Z Holdings announced that it will merge with its two wholly owned subsidiaries -- internet portal Yahoo Japan and messenger app LINE -- in an effort to revamp operations and speed up decision-making.