Nov 9, 2016

Line sticks to Asia market despite splashy IPO

It staged one of the year’s biggest IPOs but messaging app Line, while a huge draw among teens in Asia, says it has no big ambitions to take on Western giants such as Facebook on their home turf. The Japan-based company known for its ...

Jun 28, 2016

Line shoots for ¥112 billion IPO amid market tumult

Line Corp., Japan’s most popular mobile-messaging service, and its owners are aiming to raise as much as ¥112 billion in what could become the biggest technology initial public offering globally this year. Backed by South Korean search portal Naver Corp., Line and its existing ...

Mobile message app Line eyes listing on TSE in July

Jun 1, 2016

Mobile message app Line eyes listing on TSE in July

Mobile messaging service provider Line Corp. will likely make its debut on the Tokyo Stock Exchange in July, with the bourse set to soon approve the listing, sources said Wednesday. Line is expected to have a market capitalization of around ¥600 billion when it ...

Japanese firms jumping on 2020 Paralympics bandwagon

May 19, 2016

Japanese firms jumping on 2020 Paralympics bandwagon

As Tokyo prepares to host the 2020 Summer Olympics and Paralympics, an increasing number of Japanese companies are throwing their support behind athletes with disabilities. From hiring athletes to developing clothing for them, a wide range of firms are getting involved. Toyota Motor Corp., ...

Message service Line to enter mobile carrier business in Japan

Mar 25, 2016

Message service Line to enter mobile carrier business in Japan

Line Corp., which offers a popular mobile message and online voice-call service, is entering the mobile carrier business in Japan, promising to underprice competition as it grows its platform for news, music, games, live streaming and online shopping. Tokyo-based Line, founded five years ago, ...