Alibaba Declines Comment on Rumored Investment in Line; Naver Denies It

Alibaba

and SoftBank

are rumored to be each taking a 30% stake in South Korean messaging app company, Line, according to

, via

. Alibaba declined comment, while Naver, which owns Line, denied the report. View full article http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140803000004&cid=1102&MainCatID=0