Japan’s Line Shoots for $1.1 Billion IPO Amid Market Tumult

  • The messaging service may need to bankroll a global expansion
  • Line will debut in New York and Tokyo in rare dual IPO

Can Line Take On the Mobile Messaging Giants?

Line Corp., Japan’s most popular mobile-messaging service, and its owners are aiming to raise as much as 112 billion yen ($1.1 billion) in what could become the biggest technology initial public offering globally this year.

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