Line shares soar 50% as IPO takes Tokyo by storm

Jul 15, 2016

Line shares soar 50% as IPO takes Tokyo by storm

Shares in messaging app Line soared as the company listed in Tokyo on Friday, rocketing 50 percent in the biggest technology IPO this year. The shares reached ¥5,000 in early trading, up from the ¥3,300 set at launch, and valuing the firm at nearly ...

Jul 11, 2016

Line prices IPO at top of range in year's biggest tech debut

Line Corp. set the price of its initial public offering at the top of the targeted range and will exercise an option to sell more stock as investors shrug off market volatility caused by Britain’s decision to bolt from the European Union. The mobile-messaging ...

Dec 1, 2015

Messaging app Line ties up with newspapers, broadcasters

Naver Corp.’s Line app, Japan’s biggest messaging service, began a revenue sharing system with news media organizations that start their own channels on the system. The system started Tuesday, Line said at a briefing in Tokyo. News media partners include the Asahi, Mainichi and ...