|Bid||48.66 x 800|
|Ask||50.00 x 1800|
|Day's Range||48.60 - 48.76|
|52 Week Range||27.04 - 51.97|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.94|
At close to 10 billion dollars Line Corp was the biggest tech IPO of the year - when it launched on the U.S. market in 2016. It could be now be joining forces to form a tech giant worth - at a possible 27 billion dollars - nearly three times that. Discussions are underway between the messaging app operator and Z Holdings - known until last month as Yahoo Japan. The two would bring together Japan's biggest QR code payment apps Combining a potential customer base of 100 million users. If, at this point, Line's services are money-losing - and nothing has been decided, it said, regarding a merger. For its part, Z Holdings - which is nearly half owned by Softbank Corp - also disclosed it's acquired a 50.1% stake ... In fashion e-tailer Zozo - in a 3.7 billion dollar deal. Markets though took their lift from the merger talks - driving Line's shares up by 15%. And Z Holdings by nearly 17%.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was LINE Corporation (NYSE:LN). LINE Corporation (NYSE:LN) investors should be aware […]
The transaction, subject to mandatory closing conditions and shareholder approvals, will help both Softbank (SFTBY) and Line to pool their resources for gaining a strong foothold in the AI domain.
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. The deal, which would combine the providers of two of Japan's top QR code payment services, offers Yahoo Japan access to 164 million Line users and their data in Japan and Southeast Asia as SoftBank expands into services outside its core wireless business. The deal comes as SoftBank Group founder Masayoshi Son battles to restore his reputation after an ill-fated investment in office-sharing firm WeWork.
Z Holdings Corporation (OTC: YAHOY ), better known by its former name Yahoo! Japan, and Line Corporation (NYSE: LN ) announced on Monday they reached an agreement on their merger. What Happened The internet ...
SoftBank Corp. announced today that it has reached an agreement to merge with Z Holdings (the SoftBank subsidiary formerly known as Yahoo Japan) and Line Corp., in a move they hope will better position them against competitors. SoftBank and Naver, the owner of Line, will each hold 50% of a new holding company that will operate Line and Z Holdings.
Yahoo! Japan, which changed its name to Z Holdings Corporation (OTC: YAHOY ) last month, and Line Corporation (NYSE: LN ) saw their shares surge on Wednesday amidst news of merger talks. What Happened ...
SoftBank's Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion tech giant and help the Japanese conglomerate expand e-commerce and payments services. Yahoo Japan, which last month changed its name to Z Holdings, said on Thursday discussions were underway with Line but nothing had been decided. SoftBank Corp, which owns almost half of Z Holdings, also acknowledged the talks.
Japanese shares retreated to one-week lows on Thursday as doubts over an interim U.S.-China trade deal lifted the safe-haven yen, while Line Corp and Z Holdings surged on news that the Yahoo Japan operator was in merger talks with messaging app firm Line. The information and telecom sector rose 0.6% to become the second-best performer among Tokyo's 33 subsector indexes.
SoftBank's Z Holdings Corp is in talks to merge with messaging app operator Line Corp, two sources said on Wednesday, the investment company's latest bet on a struggling tech firm. A deal could see SoftBank Corp, which controls internet firm Z Holdings, and Line's parent Naver Corp form a 50:50 venture that would control Z Holdings, which would in turn operate Line and Yahoo, the sources said.
SoftBank's Z Holdings Corp is in talks to merge with messaging app operator Line Corp , two sources said on Wednesday, the investment company's latest bet on a struggling tech firm. A deal could see SoftBank Corp , which controls internet firm Z Holdings, and Line's parent Naver Corp form a 50:50 venture that would control Z Holdings, which would in turn operate Line and Yahoo, the sources said.
Is LINE Corporation (NYSE:LN) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […]
SAN FRANCISCO, July 31, 2019 /PRNewswire/ -- Loyyal, the industry leader in bringing the power of blockchain technologies to loyalty and incentive programs, announced today that it has received investments from three leading Asia-based firms, Unblock Ventures Limited - LINE Corporation's blockchain investment company, Recruit Co., Ltd., and Monex Group, Inc. Together, these firms provide Loyyal with unparalleled access to the Asian market for loyalty and incentives, among the largest in the world with over 80% consumer adoption across the Retail, Travel & Hospitality, and Services sectors. Also participating in this round is one of Loyyal's original Series Seed investors, Dubai-based Hayaat Group. "We're extremely confident in Loyyal, and the company's approach, as this investment shows," said Matthew Lee, CEO of Unblock Ventures, subsidiary of LINE Corporation, "and the strength of various loyalty programs across Asia presents a unique opportunity for Loyyal in the market.
Chainalysis, a start-up specializing in countering money laundering and fraud in the digital currency space, has forged a partnership with BITBOX, a cryptocurrency exchange launched in July 2018, a top official of the U.S. company said on Thursday. New York-based Chainalysis will provide anti-money laundering and transaction-monitoring services to BITBOX, said Jonathan Levin, co-founder and chief operating officer of Chainalysis. Singapore-based BITBOX is a unit of LINE Corp, operator of LINE, Japan's largest social networking company, with more than 700 million users.
-- BITBOX adopts Chainalysis anti-money laundering compliance solution in anticipation of global cryptocurrency regulation -- NEW YORK and SINGAPORE , June 20, 2019 /PRNewswire/ -- Chainalysis, the blockchain ...