Naver’s Japanese subsidiary LINE will push forward with the internet banking business in 2020 by partnering with the Mizuho Financial Group, a major Japanese bank.According to NHK and Kyodo News, LINE and Mizuho announced a plan in a press conference on Nov. 27 to establish a bank in 2020 and set up
Cryptocurrency LINK, which was issued by Naver's Japanese subsidiary LINE, will be listed on cryptocurrency exchange BITBOX on October 16. BITBOX was established by LINE in Singapore in July this yearAfter being listed, LINK can be purchased with other cryptocurrencies including Bitcoins. The li
Naver's Japanese subsidiary LINE will disclose general-purpose cryptocurrency "LINK," which has been developed by Bitbox, a global cryptocurrency exchange, on October 16.LINK will be used for user compensation-based content of distribution-type application (dApp) that will be launched in the fou
Naver, Korea's No. 1 Internet portal, is expected to post a sluggish performance in the third quarter due to continued aggressive investment by itself and its subsidiary Line.NH Investment & Securities expects Naver's earnings to remain sluggish until the new businesses generate meaningful r
The two representative internet companies in Korea, Naver and Kakao, are about to compete in the blockchain area this time.Naver and Kakao started their blockchain businesses by disclosing their block chain platforms “Link Chain” and “Clayton,” respectively, through their affiliates.Naver presented
LINE, a Naver subsidiary in Japan, has recently announced aggressive new business strategies in fields such as content, commerce, and fintech. This announcement, according to an analyst with NH Investment & Securities, deserves attention given that these business areas are currently at the center of
The competition between Naver and Kakao for in the Japanese webtoon market is in full swing.Naver announced on June 25 that it will invest 150 billion won in Naver Webtoon by participating in its capital increase.Naver Webtoon was separated from Naver in May last year after operating as an independe