SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

November 18, 2019 admin Business News Comments Off on SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses.

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Source:: Reuters – Business News