Z Holdings Corporation was a Japanese internet holding company owned by A Holdings, a joint venture between SoftBank Group and Naver Corporation. In 2023, Z Holdings merged with four of its subsidiaries, including Yahoo! Japan and Line Corporation, to form LY Corporation. LY Corp. engages in the management of group companies and related operations. It operates through the following segments: Media and Commerce. The Media segment covers the advertisement related services that include search linked advertisement and display advertisement. The Commerce segment handles the commerce related services in Yahoo Auction!, Yahoo! Shopping, ASKUL Corp., and Yahoo! Premium. It also provides the settlement finance related services. The company was founded on January 31, 1996 and is headquartered in Tokyo, Japan.