Business / Corporate 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 investors ...

Mobile message app Line eyes listing on TSE in July

Business / Corporate 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 debuts, ...

Business / Corporate May 21, 2015

Line said to prepare dual listing before Japan Post IPO

Line Corp., operator of Japan's most popular mobile-messaging service, is preparing for a dual listing in Tokyo and New York before Japan Post Holdings Co.'s initial public offering, people with knowledge of the matter said. The Tokyo-based company aims to sell shares around September to ...

Business / Corporate May 10, 2013

Line reports sharp spike in first-quarter sales

Line Corp., a privately held smartphone messaging company based in Tokyo, said Thursday that sales climbed 92 percent to ¥5.82 billion in the first quarter. The earnings were the first to be reported by the wholly owned subsidiary of South Korea's NHN Corp. Game applications accounted ...