środa, 1 kwietnia 2015

Japan's mobile app Line reviving IPO plans

Popular Japanese messaging app Line has applied to trade its shares in Tokyo Line, the popular messaging app launched in the aftermath of Japan's earthquake and tsunami, is set for an initial public offering as early as this year, a report said Thursday, after shelving plans for a listing in 2014. A Line spokeswoman said the company would not comment on the Nikkei report, which did not cite sources. Line applied in mid-2014 for a share sale in Japan, and said it was eyeing a US listing as well. The company, which claims more than 400 million registered members in Japan and other parts of Asia, lets users make free calls, send instant messages and post photos or short videos.








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