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In 2020, it merged with Line Corporation, a subsidiary of South Korean Naver Corporation, and became a subsidiary of A Holdings, a joint venture between SoftBank Group and Naver Corp. As a result, Line Corporation became a subsidiary of Z Holdings.
Feb 3, 2023 · SoftBank-backed Z Holdings will merge with its two wholly owned subsidiaries — Yahoo Japan and messaging app Line — by March 2024 to streamline its operations in a bid to position itself as a...
- The Japan Times
Mar 30, 2021 · The long-awaited event came after both first announced plans to unite the companies in November 2019. Under the new structure, A Holdings Corporation—a joint venture between SoftBank Corp. (TOKYO: 9434) and Korea’s NAVER Corporation—owns a 65.3% stake of the new Z Holdings.
Line Corporation (Line 株式会社, Rain Kabushiki gaisha) was a Japanese Internet company. It was a subsidiary of Z Holdings, a joint venture between SoftBank Group and Naver Corporation.
Apr 28, 2023 · SoftBank Group Corp. (“SBG”) announced today that its subsidiary, Z Holdings Corporation (“Z Holdings”), resolved at its Board of Directors on April 28, 2023 to change its trade name as below, subject to the approval of partial amendments to Z Holdings’ Articles of Incorporation at the ordinary general meeting of shareholders of the ...
Feb 17, 2021 · LINE Corporation agreed to acquire 44.6% stake in Z Holdings Corporation from Shiodome Z Holdings Co., Ltd. and others for approximately ¥ 740 billion on January 20, 2021. Under the terms LINE...
Feb 2, 2023 · TOKYO -- Japan's Z Holdings announced that it will merge with its two wholly owned subsidiaries -- internet portal Yahoo Japan and messenger app LINE -- in an effort to revamp operations...