Japan's Line messaging app considers overseas IPO next year: sources

By Emi Emoto and Nathan Layne TOKYO (Reuters) - Japan's Line Corp, creator of the fast growing social messaging app Line, may choose an overseas exchange for an expected IPO next year, banking sources with knowledge of the matter said, within months of a high profile listing by Twitter. One of the sources, who spoke on condition of anonymity, said the offering could value Line, a subsidiary of South Korea's Naver Corp, at around $10 billion. ...



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