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South Korea's Naver not considering sale of stake in Japan JV that controls LINE operator, for now

By Choonsik Yoo ( August 9, 2024, 06:30 GMT | Insight) -- South Korea’s Naver is not considering divesting its stake in a joint venture that controls the operator of popular Japanese messaging app LINE, its chief executive officer said today, in connection with a controversy over the Japanese government’s demand for stronger governance at the messaging-service provider following a user-data breach. South Korea’s Naver is not considering divesting its stake in a joint venture that controls the operator of popular Japanese messaging app LINE, its chief executive officer said today, in connection with a controversy over the Japanese government’s demand for stronger governance at the messaging-service provider following a user-data breach....

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