Tag - naver

 
 

NAVER

The Internal Affairs and Communications Ministry has said the 50-50 control of LY, the operator of the Line app, by SoftBank and Naver leaves the messaging app vulnerable to cyberattacks.
BUSINESS / Companies
Aug 4, 2024
SoftBank and Naver to sell down stake in Japan’s Line app
The tender comes as the capital structure of the operator of Japan’s biggest messaging app Line threatens to become a diplomatic flash point with South Korea.
LINE, the app at the center of a tug-of-war for control. Line was introduced in Japan in 2011 by Naver, the operator of South Korea’s leading search engine.
BUSINESS / Tech
Jun 24, 2024
Japan and South Korea are fighting over an app at a tense time
Leaders on both the Japanese and South Korean sides appear determined to prevent the quarrel over Line from escalating.
Line, which has evolved into an all-encompassing app used for messaging, payments, job searches and more, is now at the center of a dispute over its ownership.
COMMENTARY / Japan
Jun 5, 2024
Why Line, a superapp, sparked a diplomatic dispute
Line, which has evolved into an all-encompassing app used for messaging, payments, job searches and more, is now at the center of a dispute over its ownership.
LY said in November that there had been unauthorized access of its systems by a third party via Naver's cloud system, causing the leak of the personal data records of more than 300,000 Line users and others.
BUSINESS / Companies
May 10, 2024
Naver exploring options including stake sale in Line operator
Naver apologized for a recent security breach that led the Japanese government to issue administrative guidance.
SoftBank is in talks with South Korea's Naver over control of LY, which operates the popular messaging app Line, the telecommunications firm's CEO has said.
BUSINESS
May 9, 2024
SoftBank in talks with Naver over control of Line operator LY
LY is majority owned by a joint venture between SoftBank and Naver.
Japan Times
BUSINESS / FOCUS
Dec 8, 2021
South Korea 'webtoon' firms leverage low-cost stories with potential huge upside
The 'webtoon' format, which began in Korea two decades ago, has shaken up content creation for the movie industry around the globe.
Japan Times
BUSINESS
Sep 8, 2021
Internet giants take fire in South Korean echo of China crackdown
Naver, which runs the messaging platform Line as well as a host of apps, slid 8% Wednesday, its biggest intraday loss in over a year.
Japan Times
BUSINESS
Mar 4, 2021
South Korean tech firms shake up Japan's storied manga industry
Backed by tech giants Kakao Corp. and Naver Corp., Piccoma and Line Manga have become Japan's highest-grossing mobile apps outside of games.
Japan Times
BUSINESS / Companies
Jun 6, 2016
Line plans year's biggest tech IPO, pitching U.S. investors
Japan's Line Corp. is headed for what could be the biggest initial public offering for a technology company this year, including a major pitch to American investors.
BUSINESS / Companies
Dec 1, 2015
Messaging app Line ties up with newspapers, broadcasters
Naver Corp.'s Line app, Japan's biggest messaging service, began a revenue sharing system with news media organizations that start their own channels on the system.
Japan Times
JAPAN / Media / BIG IN JAPAN
Sep 6, 2014
Line fends off fury ahead of lucrative IPO
"What's so exasperating for the Ministry of Internal Affairs and Communications and the Ministry of Economy, Trade and Industry ... is the current situation in that platforms, terminals and apps have become dominated by foreign entities," remarked an unnamed writer for a trade publication. "The ministries...
Japan Times
BUSINESS / Companies
Feb 28, 2014
Line built its empire with surprising speed
How do you create a ¥1.5 trillion company in an industry that gives its primary product away?

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?