SoftBank-backed Yahoo set to merge with Naver's Line

SoftBank-backed Yahoo set to merge with Naver's Line

A neon sign is displayed inside Line Corp.'s research and development facility in Kyoto, Japan. Photographer: Tomohiro Ohsumi/Bloomberg

The Japanese operators of the Yahoo search engine and popular messaging app Line are set to merge, creating an e-commerce giant spanning finance, retail and other internet services, Nikkei has learned.

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