(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.

Naver and one of its subsidiaries Line, announced the pre-opening of MySmartStore, which is the Japanese version of Naver Smart Store. MySmartStore began operations on Oct. 20, ahead of the service’s ...

Concerns are mounting that Korean portal giant Naver may lose its management rights for Line, the immensely popular messaging app in Japan it has nurtured over the past 13 years, amid a rare ...

Naver Pay, a digital wallet service run by Korea’s largest portal site Naver, is offering a 10 percent discount on QR payments made in Japan, China and Thailand until the end of May. The discount will ...

According to reports in the Japanese media, naver.jp will look to differentiate itself from market leaders Yahoo and Google by offering a simplified interface, streamlined search and social ...

Korea's two largest IT firms Naver and Kakao are battling for the top position in Japan's comics market, which they evaluate as a “strategic hub” in the global market, according to industry analysts ...

The Democratic Party of Korea's Euljiro Committee held a meeting regarding the 'Naver's Line Yahoo share sale incident' and listened to the voices of Naver labor union members. The Naver union ...

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 ...

[Asia Economy Reporter Seungjin Lee] Kakao and Naver have conquered Japan, the world's largest comics market. They have firmly established their presence in the Japanese online comics platform market ...

South Korean Internet companies claim they represent the world's best. Too bad they don't have the results to prove it. Granted, it's hard to dispute their contributions as trendsetters ― online ...

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 ...