SoftBank in talks with Naver over control of Line operator LY

SoftBank in talks with Naver over control of Line operator LY

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea’s Naver over control of LY Corp,  which operates the popular messaging app Line.