Line Corp. And Z Holdings Corp. News Conference As SoftBank Aims to Combine Yahoo Japan With Line Messenger

Kentaro Kawabe, president and chief executive officer of Z Holdings Corp., formerly known as Yahoo Japan, left, and Takeshi Idezawa, chief executive officer of Line Corp., shake hands as they pose for a photograph during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. SoftBank Group Corp. plans to combine its Yahoo Japan internet business with Line Corp. in a deal that values the messaging service at $11.5 billion, aiming to create a domestic giant that can more effectively compete with global rivals like Google and Amazon.com Inc. Photographer: Kiyoshi Ota/Bloomberg via Getty Images