From the archive
Yahoo Japan and Line: internet leaders in merger talks
Original source: asia.nikkei.com
TOKYO -- For a large swathe of the Japanese population, Yahoo Japan and Line meet most their internet and social media needs.
Messaging app Line is used by 81% of internet users in Japan, according to ICT Research and Consulting.
News portal is read by more than 50% of internet users on a weekly basis, according to Digital News Report released by Reuters Institute.
Line took a 33.9 billion yen net loss in the third quarter between January and September.
While Z Holdings' operation is generally confined to Japan, Line is popular in some overseas markets such as Thailand, Taiwan and Indonesia.