Line Yahoo (LY) CEO Takeshi Idezawa said on Tuesday that the company is aiming to complete the separation of employee systems and authentication managed by its subcontractor Naver Cloud by March 2025.

T he Japanese government has effectively withdrawn its demand for South Korea’s Naver to sell its stake in LINE Yahoo. Initially, in April and May, the government issued two administrative ...

Naver’s cloud service helps manage user information for LY’s Line messaging app, which is popular in Japan and Taiwan. In a time of both misinformation and too much information, quality ...

“There are no direct capital or personnel relationships between Naver and Line Plus,” LY responded to a query from local media outlet Yonhap. “Line Plus will continue to oversee overseas operations in ...

The Japanese side instructed LY to improve its governance and rely less on Naver after the leak of more than 300,000 records, including information of Line users. Some Korean politicians have ...

After merging Line with Yahoo Japan in 2019, Naver and SoftBank now hold 50 per cent each in the joint venture which controls LY Corp, through a 65 per cent stake, SoftBank documents show.

South Korea’s Naver developed Line 13 years ago and it now has more than 95 million users. It is also popular in Taiwan and South-East Asia. The app is operated in Japan by LY Corp, which is ...

Naver is in a dilemma over what to do with Line, its mobile messenger app that dominates the Japanese market, as it faces growing pressure from the Japanese government and local business partners ...

“We also plan on adding major, international mobile payment options beyond Naver Pay and LINE Pay.” Line Next wants to “popularize” web3 for all, Kim continued. “We target all users ...

NET PROFIT FORECAST: The South Korean internet-platform company is expected to post a net profit of 422.62 billion won, equivalent to $302.2 million, for the January-March period, according to the ...