LY Corp (LY), formerly Z Holdings Corp, provides a wide range of services including search, information listing, community, and e-commerce, online auctions, entertainment services, news, and internet shopping. As of March 2025, the company had lines of 180 million monthly active users and PayPay had 68 million registered users.

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LY's R&D arm focuses on harnessing data and AI in various domains to enhance service quality and user experience. The company strives to advance research in natural language processing, speech processing, image processing, multimodal AI, information retrieval, machine learning, and generative AI. It intends to enhance innovation and collaboration within the broader community by actively sharing results through publications, open-source contribution, and datasets, LY also plans to address challenges in trustworthy AI, security, privacy, human-computer interaction, and crowdsourcing. By focusing on these areas, the company strives to develop safer, more transparent, and user-friendly technologies.