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They may seem like vastly different businesses, but both Facebook (NASDAQ: FB) and LINE Corporation (NYSE: LN) enjoy widespread adoption in their home countries. Facebook is the quintessential social network for the U.S. and many other countries, while LINE is a messaging app with widesp...
Elevator Pitch Korea-listed internet conglomerate Naver Corporation ( NHNCF ) [035420:KS] owns South Korea's leading internet search portal, Naver.com and earns profits from search ads, display ads, and e-commerce in Korea. Naver Corporation also owns a 72.7% stake in Japanese mobile messagi...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . U.S. markets scored another hat trick on Friday as the S&P 500, Nasdaq and Dow hit fresh records, while the latter topped 28,...
Via a fairly complex transaction, SoftBank ( OTCPK:SFTBY ) intends to combine its Yahoo Japan internet business - now known as Z Holdings ( OTCPK:YAHOY ) - with Line Corp. (NYSE: LN ), creating a $30B tech giant that will compete with the likes of Rakuten. More news on: SoftBank Group Co...
Shares of Line Corp. (NYSE: LN) jumped 26.6% on Wednesday after Reuters reported the messaging app company is in talks for a potential merger with SoftBank 's Z Holdings (formerly known as Yahoo! Japan). Separately, Z Holdings stock rallied 9.2% today on the news. Z Holdings confirmed...
Lead author: Frank Wang Source: Reuters.com Background Primarily traded in Tokyo (with ticker 3092), the stock of ZOZO, Inc. ( SATLF ) ( SRTTY ) was up more than 20% since the end of last summer, primarily driven Yahoo Japan's (YAHOY) (YAHOF) controlling stake. As the share price i...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The fun begins shortly with the ECB, then shifts to a likely Fed rate cut next Wednesday, as well as additional stimulus from the ...
Yahoo Japan ( OTCPK:YAHOY ) is set to buy control of fashion retailer Zozo ( OTCPK:SRTTY ) in a tender offer, NHK reports. More news on: Yahoo Japan Corporation, ZOZO, Inc., Yahoo Japan Corporation, Tech stocks news, Merger & acquisition news, Global news and forex, Read more ......
Today's Top Stories: Global markets suffer as U.S.-China dispute intensifies; Asian markets drop after Trump says China ‘broke the deal’; and meaty stuff. If you are interested in listening to Wall Street Breakfast to start your day, look for us in the following places: ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). U.S. stock futures point to a lower open as trade tensions escalate. China's vice premier arrives in...
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