Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
LY Corporation ( (JP:4689) ) has provided an announcement.
LY Corporation announced plans to increase its investment in LINE Bank Taiwan Limited, making it a consolidated and specified subsidiary. This strategic move is intended to bolster the banking services of LINE Bank in Taiwan and strengthen collaboration within the LY Corporation Group, potentially impacting the company’s market position and offering enhanced services to stakeholders.
More about LY Corporation
LY Corporation operates in the financial technology industry, focusing on digital banking services. Its primary products include internet-only banking services through its affiliate, LINE Bank Taiwan Limited, which aims to enhance financial services in Taiwan.
YTD Price Performance: 18.08%
Average Trading Volume: 13,851,677
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen3430.2B
Find detailed analytics on 4689 stock on TipRanks’ Stock Analysis page.