Industry
Global chat app LINE under suspicion of overseas listing push
June 2, 2016
LINE Corp., the Japanese arm of South Korea's Internet giant Naver Corp., is suspected of pushing to list shares on overseas markets in a bid to allow its staff to exercise stock options for a profit, market watchers said Thursday.Headquartered in Japan, LINE Corp. operates the mobile messenger LINE that is extremely popular in Japan, Thailand, Taiwan and Indonesia. The number of LINE's monthly active users came to 215 billion as of December last year.LINE, the flagship of Naver, has been engulf