Will Naver sell stake in Line messenger as Japanese partners call for its exit?
Naver is in a dilemma over what to do with Line, its mobile messenger app that dominates the Japanese market, as it faces growing pressure from the Japanese government and local business partners to sell its 50 percent stake in a joint venture that controls the messenger, according to industry officials and experts, Friday.
May 10, 2024By Baek Byung-yeul