SoftBank Corp has no plans to invest in messaging application Line Corp, Ken Miyauchi, chief operating officer of Japan's No. 3 mobile carrier, told reporters on Friday.
Breaking News
- Subaru Recalls Nearly 120,000 US Vehicles Over Dangerous Airbag Issues
- Malaysia: Murderer of Aussie Businessman Had His Death Sentence Reduced To Only 35-Year Imprisonment
- Disney, Florida Gov. Ron DeSantis' Allies Settle Lawsuit Over Disney World Special District, Ending Feud Over 'Don't Say Gay' Law
Japan-based mobile messaging app Line will launch an open sticker marketplace called Line Creators Market in April and will also release a Skype-like service in five countries.
Gogolook chief executive officer Jeff Kuo confirmed to TechCrunch about the company's merger with Korean Internet company and LINE app owner Naver, which was worth TW$529 million or $17.6 million, according to a state report.
NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk
- Chinese Snack Brand Heir Discovers Hidden Wealth, Now A Millionaire At 24 Years Old