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Line Corporation
Line Corporation (Line 株式会社, Rain Kabushiki gaisha) was a Japanese internet company. It was a subsidiary of Z Holdings, a joint venture between SoftBank Group and Naver Corporation. It was established in 2000 as the Japanese subsidiary of South Korean NHN Corporation's online game community site Hangame, under the name Hangame Japan. In 2003, it was renamed NHN Japan and in 2013, it was rebranded as Line Corporation.
The company operates various internet services, including the communication app Line, as well as Line Music, and Line Manga, and Line Pay.
In 2019, during the merger with Yahoo, Line Corporation (the original entity) was reorganized into a holding company and established as Line Split Preparation Corporation, and in 2021, it changed its company name to Line Corporation (2nd generation) by taking over the business from the original entity. At this time, the original entity changed its name to A Holdings Corporation.
On February 2, 2023, it was announced that Z Holdings and Yahoo would merge during the fiscal year 2023. On October 1 of the same year, Yahoo, Z Entertainment, and Z Data merged into Z Holdings and changed their name to "Line Yahoo Corporation." Line Corporation transferred its assets, rights, and businesses to Line Yahoo Corporation through absorption-type split except for certain overseas stocks, and changed its name to the current one. It is expected to become a holding company managing overseas subsidiaries' stocks and other assets through business reorganization.
Line Corporation was founded on September 4, 2000, as Hangame Japan as a part of Hangame, a South Korean game company owned by NHN at the time. In August 2003, the company was renamed to NHN Japan.
In 2007 Naver established another Japanese subsidiary Naver Japan, which managed the Naver search engine in Japan before its demise. Naver Japan acquired Livedoor in 2010.
In 2012, Naver merged the three entities (NHN Japan, Naver Japan, Livedoor) into a new subsidiary known as NHN Japan.
On April 1, 2013, the company changed its name and traded as Line Corporation. Later that same year, NHN split into two companies, Naver Corporation and NHN Entertainment Corporation and the latter created a new NHN Japan Corporation subsidiary.
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Line Corporation
Line Corporation (Line 株式会社, Rain Kabushiki gaisha) was a Japanese internet company. It was a subsidiary of Z Holdings, a joint venture between SoftBank Group and Naver Corporation. It was established in 2000 as the Japanese subsidiary of South Korean NHN Corporation's online game community site Hangame, under the name Hangame Japan. In 2003, it was renamed NHN Japan and in 2013, it was rebranded as Line Corporation.
The company operates various internet services, including the communication app Line, as well as Line Music, and Line Manga, and Line Pay.
In 2019, during the merger with Yahoo, Line Corporation (the original entity) was reorganized into a holding company and established as Line Split Preparation Corporation, and in 2021, it changed its company name to Line Corporation (2nd generation) by taking over the business from the original entity. At this time, the original entity changed its name to A Holdings Corporation.
On February 2, 2023, it was announced that Z Holdings and Yahoo would merge during the fiscal year 2023. On October 1 of the same year, Yahoo, Z Entertainment, and Z Data merged into Z Holdings and changed their name to "Line Yahoo Corporation." Line Corporation transferred its assets, rights, and businesses to Line Yahoo Corporation through absorption-type split except for certain overseas stocks, and changed its name to the current one. It is expected to become a holding company managing overseas subsidiaries' stocks and other assets through business reorganization.
Line Corporation was founded on September 4, 2000, as Hangame Japan as a part of Hangame, a South Korean game company owned by NHN at the time. In August 2003, the company was renamed to NHN Japan.
In 2007 Naver established another Japanese subsidiary Naver Japan, which managed the Naver search engine in Japan before its demise. Naver Japan acquired Livedoor in 2010.
In 2012, Naver merged the three entities (NHN Japan, Naver Japan, Livedoor) into a new subsidiary known as NHN Japan.
On April 1, 2013, the company changed its name and traded as Line Corporation. Later that same year, NHN split into two companies, Naver Corporation and NHN Entertainment Corporation and the latter created a new NHN Japan Corporation subsidiary.