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The shares will be launched in a dual offering in New York and Tokyo on 14 and 15 July. Line is the market leader in a of Asian countries.
It also offers a timeline much like Facebook does. So here's what you need to know.
It's being described as Japan's biggest tech IPO of the year but in fact it could have been ificantly bigger. There's also money coming in from advertising. There even are physical Line stores where you can buy merchandise featuring your favourite Line character.
Line is the most popular messaging app in Japan, Thailand and Taiwan. If you're ready then go to start chat if not then start chatiing, you can Chat Rooms in just quick seconds.
About sharing media captionWhat you need to know about Line and its IPO There's a chance you might not have heard of Line but the Japanese messaging service is set to sell shares for the first time in an initial public offering IPO in both New York and Tokyo. You can make video calls, stream video or order taxis with it.
While it is close to those, it does have some features that set it apart: virtual stickers, cartoon-like animated emojis and games with mascots such as a bear called Brown and his rabbit friend Cony. What do we know japajese the IPO?
In June that year, Naver released Line for public use and the app quickly came to dominate the market in Japan. Yet breaking into markets where there is already a dominant messenger app is extremely difficult. ing a online chat rooms on chatkaro.
Related Topics. Users buy stickers, animated emojis and pay for games. Line has about million monthly active users and makes its money from advertising and selling its virtual stickers and games.
The Japanese subsidiary to South Korea's internet giant Naver developed the app as a quick fix for staff to use internet-based communication. But the company does make money.
Line dates back to when, in the wake of the devastating Chattting tsunami, many of the normal channels of communication had broken down. And while it could enter South East Asia markets like the Philippines or Indonesia, making money in those markets is "more challenging", he says.
Yet analysts are hesitant when it comes to the company's outlook. It went on to become the leading player in Taiwan and Thailand, and also gained a foothold in many other Asian countries. But that was at a time when the user base was still growing at record pace, and those days are over.
What is Line?