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- Under the new structure, Naver Corporation (Line's former parent company) and SoftBank Corp. (the wireless carrier unit of SoftBank Group) each hold 50 percent stakes in a new company named A Holdings Corp., which holds a majority stake in Z Holdings, which will operate Line and Yahoo Japan. Upon integrating the two businesses and creating further platforms, the merged company aims to compete with the U.S. tech giants Google, Amazon, Facebook, and Apple and the Chinese tech giants Baidu,...
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Z Holdings Corporation (Zホールディングス株式会社) was a Japanese internet holding company owned by A Holdings, a joint venture between SoftBank Group and Naver Corporation. It was founded in 2019 as a result of Yahoo!
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 · Z Holdings Corporation, the owner of Yahoo Japan Corporation, successfully merged with LINE Corporation on March 1, 2021. At a press conference and briefing for investors to mark the integration, the two Co-CEOs, Kentaro Kawabe and Takeshi Idezawa, who also serves as CEO of LINE, pledged to use the power of the Internet to solve users ...
Mar 1, 2021 · ZHD and LINE, together with their respective parent companies, SoftBank Corp. (“SoftBank”) and NAVER Corporation (“NAVER”), have carried out a series of transactions in order to realize the business integration, after having concluded a Memorandum of Understanding on Business Integration in November 2019, Definitive Agreement on Business Integra...
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 26, 2021 · SoftBank Group Corp. (“SBG”) announced today that LINE Corporation (“LINE”) *, LINE Financial Corporation, and LINE Financial Asia Corporation Limited have become subsidiaries (sub-subsidiaries) of SBG as of today.
Nov 18, 2019 · Z Holdings would be controlled by a 50/50 venture – Yahoo! Japan’s parent company SoftBank Group Corporation (OTC: SFTBY), and Line’s parent company Naver Corporation (OTC: NHNCF), the ...
