Line said to pursue U.S. IPO with confidential filing to SEC

Jul 18, 2014

Line said to pursue U.S. IPO with confidential filing to SEC

Line Corp., operator of Japan’s most popular mobile messaging service, filed confidentially for an initial offering in the United States, people with knowledge of the matter said, taking a step closer to a dual-listing in New York and Tokyo. Morgan Stanley is managing the ...

Jul 16, 2014

LINE files for stock listing on TSE

Smartphone messaging service provider LINE Corp. has filed for its listing on the Tokyo Stock Exchange, with a market capitalization expected to total some ¥1 trillion, sources said Tuesday. An initial public offering by LINE will be one of this year’s largest ones in ...

Line app hacks prompt call to alter passwords

Jun 19, 2014

Line app hacks prompt call to alter passwords

Users of smartphone messenger application Line, who number in the hundreds of millions across Asia, are being urged to change their passwords Thursday as Japanese police investigate the hacking of hundreds of accounts. At least 303 cases of unauthorized access were confirmed between late ...

Jun 13, 2014

Line accounts may have been compromised, company warns

Line Corp., creator of the popular Smartphone messaging app Line, said Friday that it recently uncovered cases of unauthorized access involving user accounts. Customer email addresses and passwords may have been obtained through services offered by other companies, Line said, without revealing the number ...

Jun 4, 2014

Line Corp. weighs Tokyo, New York IPOs this year

Smartphone messaging app operator Line Corp. is considering initial public offerings on bourses in Japan and the U.S. this year to raise funds and accelerate overseas business, according to sources. Line, a Tokyo-based subsidiary of South Korea’s Naver Corp., is considering listing on the ...

Line stake said good for SoftBank

Feb 26, 2014

Line stake said good for SoftBank

SoftBank Corp. would attract younger consumers and help boost usage by acquiring a stake in instant messaging service Line Corp., an analyst at Bank of America Corp.’s Merrill Lynch unit said. Average revenue per mobile user has declined at wireless phone carriers as consumers ...