(Bloomberg) -- A Holdings Corp., a holding company owned equally by Japan's SoftBank Corp. and South Korea's Naver Corp., plans to sell down its stake via LY Corp.'s ¥150 billion ($1 billion) tender.

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 ...

The operator of the Line messaging app plans to stop outsourcing business to South Korea’s Naver Corp. following a massive leak of personal information through cyberattacks. All contracts for ...

Tokyo/Seoul – SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea’s Naver over control of LY, which operates the popular messaging app ...

SEJONG – The government has been closely communicating with Naver over Japan's apparent attempt to exclude the company from joint management of Line, a popular instant messaging app, vowing to do its ...

Naver, South Korea’s top internet company, is facing a potential loss of control over its Japanese affiliate, LY Corp. LY Corp. is jointly owned by Naver and Japan’s SoftBank, each holding a 50% stake ...

Naver Corp., the operator of South Korea's dominant internet portal, is positively reviewing making inroads into the Japanese search engine market despite two previous failures, the company's ...

Eyes are on Naver's latest move to enter Japan's search engine market, given this is its third attempt after two failures. Korea's No. 1 portal is confident about its third entry, which raises the ...

Naver and Kakao are seeing massive success in manga powerhouse Japan, with their online comics generating huge sales there last year. The two companies have reported to receive favorable responses in ...