Line Corp. Archives | Be Korea-savvy

Naver’s Japanese Affiliate Line, Yahoo Japan Merge to Battle with Global AI Behemoths

SEOUL/TOKYO, Nov. 18 (Korea Bizwire) – Japanese messaging app provider Line Corp., controlled by South Korea’s No. 1 internet portal, Naver Corp., and internet portal Yahoo Japan Corp. said Monday that they have reached a basic merger deal, in a move to form a leading artificial intelligence (AI) company to compete with global behemoths. Under [...]

Korea to Make It Easier to Transfer Money across Borders

SEJONG, May 24 (Korea Bizwire) — South Korea plans to push for financial deregulation to make it easier for people to transfer money across borders without going through banks, the government said Sunday. The move aims to allow securities firms, insurers and most importantly FinTech companies to handle transfers that can help lower fees and [...]