SBI Holdings acquired livedoor for ¥7.5 billion and moved to make it a wholly owned subsidiary. Attention is focused on SBI's efforts to strengthen its media business by leveraging livedoor's media assets and on the creation of new services through collaboration with Minkabu and others.
SBI Holdings announced plans to acquire livedoor for ¥7.5 billion and make it a wholly owned subsidiary. The acquisition price has been reported as ¥7.5 billion, and livedoor will become a subsidiary within the SBI Group.
The acquisition targets livedoor's media assets, which SBI intends to leverage to strengthen its media business. In addition, reports have emerged of moves to create new services in the financial sector through collaboration with Minkabu and others.
Looking ahead, the market is focused on the rollout of new services through collaboration between SBI and livedoor, as well as the course of business restructuring through the integration of the media assets.