LINE Corporation (LN)
|Net Income (ttm)||-430.56M|
|Trading Day||Dec 24, 2021|
|Day's Range||51.42 - 51.98|
|52-Week Range||0.00 - 51.98|
LINE has been struggling lately, but the selling pressure may be coming to an end soon.
The third largest global economy after the United States and China is further pushed to the brink of a slump by the coronavirus outbreak in China.
The upside is limited for one, but the other has a big growth opportunity.
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 dom...
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 riva...
Fresh off a multibillion-dollar loss on WeWork, SoftBank plans to shore up its domestic business with a big bet on Japan’s leading messaging app company.
SoftBank founder Masaoyshi Son is trying to orchestrate a $30 billion merger of two Japanese internet companies to build a tech business that can survive in the "winner-takes-all" world of Goo...
Z Holdings Corporation (OTC: YAHOY), better known by its former name Yahoo! Japan, and Line Corporation (NYSE: LN) announced on Monday that they had reached an agreement on their merger.
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 p...
TOKYO — Internet portal Yahoo Japan Corp. and chat app Line said Monday they have reached a basic agreement to merge in a deal that includes buying out Line Corp.
Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up aga...
The messaging app is in talks to potentially merge with Yahoo! Japan.
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 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.
Shares in Z Holdings, which Yahoo Japan changed its name to last month, jumped 16%. The firm's had a market value of about $17 billion.
According to Nikkei, messaging app Line and Yahoo Japan are about to merge and form a single tech company.
Should investors steer clear of the troubled social media giant and invest in the growing Japanese company instead?
LINE Corporation (LN) CEO Takeshi Idezawa on Q3 2019 Results - Earnings Call Transcript
LINE Corporation's (LN) CEO Takeshi Idezawa on Q2 2019 Results - Earnings Call Transcript
LINE Corporation's (LN) CEO Takeshi Idezawa on Q1 2019 Results - Earnings Call Transcript
LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and life and financial services primarily in Japan, Taiwan, Thailand, and Indonesia. The company operates through two segments, Core Business and Strategic Business. Its mobile messenger application enables users to communicate through free instant messaging, stickers, and voice and video calls, as well as serves as a smart portal to its other applications and services. It also offers display advertising services, including Smart Channel,... [Read more...]
Internet Content & Information
|IPO Date |
Jul 15, 2016
|Stock Exchange |
|Ticker Symbol |
In 2019, LN's revenue was 230.70 billion, a decrease of -1.95% compared to the previous year's 235.28 billion. Losses were -46.89 billion, 1,161.1% more than in 2018.