BIG EARNINGS: Japanese messaging app Line said on Thursday its revenue in the last quarter of 2013 jumped more than five times on the year to push its full-year sales to 34.3bil yen (RM1.12bil), making it the top-earning non-game smartphone app last year. — Reuters
TOKYO: Japanese messaging app Line said on Thursday its revenue in the last quarter of 2013 jumped more than five times on the year to push its full-year sales to 34.3bil yen (RM1.12bil), making it the top-earning non-game smartphone app last year.
The app is owned by Line Corp, a subsidiary of South Korea's Naver Corp which may choose a foreign exchange for a widely expected IPO this year, sources say. One source valued the company at around US$10bil (RM33.12bil).
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