NOTHING PLANNED: SoftBank Corp has no plans to invest in messaging application Line Corp, Ken Miyauchi, chief operating officer of Japan's No 3 mobile carrier, told reporters on Friday.
TOKYO: SoftBank Corp has no plans to invest in messaging application Line Corp, Ken Miyauchi, chief operating officer of Japan's No 3 mobile carrier, told reporters on Friday.
Line plans to hold a media event about its business strategy on Oct 9. That has fuelled some expectations in the banking industry that Line will unveil a strategic alliance with SoftBank and Alibaba Group Holding Ltd after attracting investment from them, the Maeil Business Newspaper reported on Thursday.
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