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Games & Commerce

Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations

LY Corp (Line Yahoo) is set to take control of Kakao Games through its investment vehicle LAAA Investment, in a deal valued at about 300 billion won and targeted for completion in May. LAAA will buy existing shares and acquire new shares and convertible bonds, making it the largest shareholder while Kakao becomes No. 2. The deal is intertwined with Line Games\' financial strain, Kakao\'s group reshuffle and variables linked to a Lionheart Studio IPO.

AI & Enterprise

Line Plus launches Act Engine AI B2B platform to support revenue growth with action AI

Line Plus said on Wednesday it has launched Act Engine AI, an AI agent infrastructure platform, and will step up its push into the business-to-business AI market. The company said the platform focuses on action-oriented AI agents that execute work and improve results to support revenue growth. It offers customer service and sales-focused agents, including automated customer support and proactive sales proposals based on real-time, multidimensional data analysis.