Weyland Tech, Inc. (WEYL) plans to launch its CreateApp mCommerce platform-as-a-service in Taiwan within the next few weeks, allowing the more than 1.3 million small-and-medium sized businesses (SMBs) across the country to easily establish and manage a mobile presence. CreateApp enables businesses to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. To support the launch in Taiwan, Weyland has partnered with Now Mastery, LLP, an affiliate of NYSE-listed Line Corporation.

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%.

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.

LINE has been struggling lately, but the selling pressure may be coming to an end soon.

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.

Kimberly-Clark among stocks that have achieved annual milestone Continue reading...

A survey of Line Corp's chat app users in Tokyo and neighboring prefectures in partnership with Japan's health ministry found 7.1% of respondents in the capital reporting at least one of the symptoms of the coronavirus. A total of 443 people in Tokyo are infected with coronavirus according to official figures. Line's survey found that 7.1% out of 63,843 people responding in Tokyo reported at least one of the symptoms of the virus, including high fever or a bad cough, between March 27-30.

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.

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 ...

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Thailand's anti-monopoly watchdog warned food delivery platforms on Wednesday they could face fines for charging higher commissions as online food orders surge amid the coronavirus outbreak. Food delivery platforms have seen a spike in orders, with operators like Foodpanda seeing orders rise 20 times from a year ago. Thailand has reported 1,771 confirmed cases and 12 deaths.

The Zacks Analyst Blog Highlights: Sony, Nomura and LINE

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.

Cloudera's (CLDR) Data Platform will allow LINE to manage its data lifecycle and expedite transformation to the cloud.

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.

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 Z Holdings Corp <4689.T> is in talks to merge with messaging app operator Line Corp <3938.T>, two sources said on Wednesday, the investment company's latest bet on a struggling tech firm. A deal could see SoftBank Corp <9434.T>, which controls internet firm Z Holdings, and Line's parent Naver Corp <035420.KS> form a 50:50 venture that would control Z Holdings, which would in turn operate Line and Yahoo, the sources said.

Softbank has announced plans to create a 30 billion dollar tech giant. The Japanese company confirmed plans to merge its internet unit Yahoo Japan, which last month changed its name to Z Holdings, with messaging app Line Corp - by October 2020. The merger would bring together Japan's biggest QR code payment apps, Combining a potential customer base of 100 million users. Line is a popular chat app owned by South Korea's Naver Corp. But it's losing money. If the deal goes through, SoftBank and Naver would form a 50:50 venture that will control Z Holdings. The joint venture will operate Yahoo Japan and Line. The merger is Softbank's latest move to bag struggling tech firms. As it looks to bulk up against its rivals. Softbank and Naver are aiming for a concrete agreement by December.

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 […]

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.