From the archive
Yahoo-Line Merger Plan Raises Hopes for Japanese ‘Super App’
Original source: www.wsj.com
TOKYO—Investors welcomed plans for a merger to create an internet-services giant in Japan controlled by SoftBank founder Masayoshi Son, but Yahoo Japan and chat app Line face challenges combining their businesses.
A person involved in the discussions said Yahoo Japan, an internet portal affiliated with SoftBank Group Corp., and Line Corp. were likely to reach a merger deal this month.
The companies confirmed merger talks and said nothing has been decided.