RENEWED PUSH: Line applied in mid-2014 for a share sale in Japan and said it was eyeing a US listing as well, but it pulled back in September, saying it needed to focus on growth first.
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, after shelving plans for a listing in 2014.
The leading Nikkei business daily reported that the company has applied to trade its shares in Tokyo – and may launch a separate New York listing – in a sale that could value it at more than US$8bil (RM29.55bil).
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
