SEOUL, Jun. 14 (Korea Bizwire) – LY Corp., the operator of popular mobile messenger Line, has announced its plan to terminate its Line Pay service in Japan next year, amid criticism over Japan’s apparent pressure to shed Naver Corp., South Korea’s biggest internet portal operator, from LY. LY, a 50-50 joint venture between Japan’s SoftBank and [...]
TOKYO, Dec. 16 (Korea Bizwire) – LINE Corporation, owner and operator of the free call and messaging app LINE, today announced the release of a new update for the app, version 4.8. Included as a new feature in this update, the mobile payment service “LINE Pay” has now been released globally.1 LINE is used in a [...]
“Beginning in December this year we will launch Line Pay in Japan. With this payment service, we will strengthen the shopping unit of Naver. Google considers Amazon as its biggest rival. It shows how much attention Internet companies pay to shopping services.” “The major money-making businesses on the Internet are advertising and shopping. In order [...]