Seoul urges ‘no discrimination’ by Japan over Naver’s Line app

Last week, Japanese reports said Tokyo had demanded LY Corp review its relationship with Naver, with the Kyodo news agency saying SoftBank was in talks to buy Naver’s LY Corp shares. — Reuters

SEOUL: Seoul has urged Tokyo not to discriminate against South Korean companies, the foreign ministry told AFP on April 29, after reports that tech giant Naver is under pressure to sell its stake in Japan’s top messaging app.

South Korea’s Naver developed Line 13 years ago and it now has more than 95 million users. It is also popular in Taiwan and South-East Asia.