Архив метки: Yahoo Japan

Yahoo Japan and Line are reportedly going to merge

According to Nikkei, messaging app Line and Yahoo Japan are about to merge and form a single tech company. Despite the name, Yahoo Japan is currently 100% owned by Z Holdings, a company that is controlled by Japanese telecom company SoftBank (Yahoo Japan isn’t related with TechCrunch’s parent company Verizon Media). Line Corporation is owned by Naver Corporation, a South Korean internet giant.
The two companies are still discussing terms of the deal according to Nikkei. But you could imagine Z Holdings becoming a 50-50 joint venture between SoftBank and Naver, with Z Holdings owning both Yahoo Japan and Line.
Line operates one of the most popular messaging apps in Japan. In addition to conversations, the company operates Line Pay, Line Taxi and other services. But competition has been fierce in the messaging space.
Yahoo Japan was originally formed by Yahoo and SoftBank in the late 1990s. When Verizon acquired Yahoo in 2017, Verizon didn’t acquire Yahoo’s stake in Alibaba and Yahoo Japan. Yahoo created a spin-out company called Altaba to hold those stakes.
Altaba first sold its stake in Yahoo Japan. In July 2018, SoftBank acquired part of Altaba’s stake in Yahoo Japan in order to increase its ownership of Yahoo Japan. Altaba later sold its remaining Yahoo Japan shares, its Alibaba shares and shut down. In 2019, SoftBank received additional shares to become Yahoo Japan’s parent company.
Yahoo Japan is a household name and a big internet conglomerate in Japan. It has an online advertising business, an e-commerce business, finance services and more. Yahoo Japan and Line probably hope to reach more users and boost engagement with the merger.
We’ve reached out to Line Corporation and Z Holdings and will update if we hear back.

Yahoo Japan and Line are reportedly going to merge

At this point, SoftBank Group is really just its Vision Fund

Last week, SoftBank Group Corp. — Masayoshi Son’s holding company for his rapidly expanding collection of businesses — reported its fiscal year financials. There were some major headlines that came out of the news, including that the company’s Vision Fund appears to be doing quite well and that SoftBank intends to increase its stake in Yahoo Japan.
Now that the dust has settled a bit, I wanted to dive into all 80 pages of the full financial results to see what else we can learn about the conglomerate’s strategy and future.
The Vision Fund is just dominating the financials
We talk incessantly about the Vision Fund here at TechCrunch, mostly because the fund seems to be investing in every startup that generates revenue and walks up and down Sand Hill looking for capital. During the last fiscal year ending March 31st, the fund added 36 new investments and reached 69 active holdings. The total invested capital was a staggering $60.1 billion.

At this point, SoftBank Group is really just its Vision Fund

Japan To Get Android-Based “Yahoo Phone” Next Month

yahoo phone

Japan gets an Android-based “Yahoo Phone” [JP]: what may sound weird at first is actually not that surprising a news item, given that Yahoo is the country’s biggest website. Add to the fact that the country’s third biggest mobile carrier SoftBank, the provider of the phone, is Yahoo Japan’s biggest shareholder, and the emergence of such a handset makes even more sense.

The phone is manufactured by Sharp and is the rebranded version of the so-called “AQUOS PHONE THE PREMIUM SoftBank 009SH” [JP] the company showed a few weeks back. It features Android 2.3 as the OS, a 4-inch LCD with QHD resolution, an 8MP CMOS camera, Bluetooth 3.0, IEEE 802.11 b/g/n Wi-Fi, a microSDHC slot, a digital TV tuner, an e-wallet function, infrared communication, etc.

Buyers can expect to find selected Android apps and services from Yahoo Japan pre-installed on the device, for example Yahoo Japan Home, Yahoo Japan Auctions, a calendar, dictionary, Yahoo Loco (the company’s LBS), etc.

SoftBank subscribers choosing the phone become Yahoo Japan premium members for free for two years (instead of having to pay $4.50 monthly) and can also get additional points for every purchase made on Yahoo Shopping for the next two years.

SoftBank will start distributing the Yahoo Phone in Japan late next month.

Sorry for the small picture – we’ll add more when we get them.

 



Japan To Get Android-Based “Yahoo Phone” Next Month