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Web-only Line Bank Taiwan Ltd (連線商業銀行) yesterday said that its client base had reached 1.1 million people as of the end of last month, adding that it aims to expand its client base this year by offering more products and services. Another Web-only bank, Rakuten International Commercial Bank Co (樂天國際銀行), had 840,000 clients as of the end of last year, while Next Commercial Bank Co (將來商業銀行), the nation’s third Web-only bank, began operations last month. As Line Bank is to enter its second year of operations, it would no longer prioritize obtaining new clients, but would focus on serving and retaining them, ....
Naver founder to target Google, Alibaba and Amazon Posted : 2021-01-21 18:32 Updated : 2021-01-25 20:08 Naver founder Lee Hae-jin speaks at the company s data center Gak in Chuncheon, Gangwon Province, in July last year. / Courtesy of Naver By Kim Jae-heun Naver founder Lee Hae-jin has been appointed as chairman of A Holdings, a joint venture established between Korean company Naver and Japanese conglomerate SoftBank to compete with American and Chinese rivals including Google, Alibaba and Amazon. Line is the most-used mobile messenger application in Japan and is operated by Line Corporation. Yahoo Japan is the biggest portal website in the country and is owned by SoftBank. After the merger, A Holdings is expected to have 130 million monthly average users in Japan. ....