line Archives - Marketplace

Line debuts about 30 percent higher than initial price

by Tony Wagner

Jul 14, 2016

The largest IPO of the year has just launched.

This photo taken on July 12, 2016 shows a customer entering the Line Friends shop in Tokyo's Harajuku district. Japan-based messaging app Line kicks off a dual New York-Tokyo stock listing later on July 14, 2016 after one of the year's biggest initial public offerings. The company, looking to expand on booming popularity among smartphone users in Asia, priced its shares at a top-of-the-range 3,300 yen (32 USD), suggesting strong demand for the sale.

TOSHIFUMI KITAMURA/AFP/Getty Images

Line cuts to front of money queue for messaging apps

by Molly Wood

Jul 14, 2016

The app was developed by a Korean company, is huge in Japan and is betting big here.

Messaging app Line could be the year's biggest IPO.

KAZUHIRO NOGI/AFP/Getty Images

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Line messaging app enters an overcrowded market

by Kai Ryssdal and Molly Wood

Jul 13, 2016

Too many apps, so little time.

Line is a Japanese based messenger app trying to break into the public market.

Atsushi Tomura/Getty Images

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