SoftBank buys into Line’s mobile service in Japan

{rss:content:encoded} SoftBank buys into Line’s mobile service in Japan http://ift.tt/2BFpxFG http://ift.tt/298fRZS January 31, 2018 at 10:42AM  SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More