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Home News Business

Line Yahoo Decides to Not Transfer Southeast Asia Operations to Naver

NEWSROOM by NEWSROOM
May 23, 2024
in Business, South Asia
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A logo of Line that includes Japanese characters
A logo of Line that includes Japanese characters


Line Yahoo has stated that it will not be transferring its operations in Southeast Asia and other markets outside Japan to Naver.


Amid negotiations on equity stakes prompted by the Japanese government’s demand, it is speculated that it would be difficult for Naver to independently operate the Line business in countries outside of Japan.


There had been speculation that Naver, being the major shareholder of A Holdings through negotiations, might spin off and independently operate the Southeast Asia business of Line…



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