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Naver, Softbank launch Japanese joint venture to take on internet giants
Naver, Softbank launch Japanese joint venture to take on internet giants
TechnologyMar 1, 2021
South Korea‘s leading internet portal Naver Corp. and Japanese telecom giant Softbank Corp. have completed a merger of their subsidiaries to tap deeper into the Japanese market with a wide range of services, their joint venture said Monday.    Japanese chat app operator LINE, affiliated with Naver, and Softbank’s internet business Yahoo Japan launched a new entity called Z Holdings.    The merger creates a $30 billion tech giant with more than 100 million users on a monthly basis a