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Line Co-CEO Says Fintech Business May Break Even in 1 to 2 Years

  • Services like banking and loans may turn a profit in 3 years
  • Line co-CEO Shin Jung-ho speaks in an interview in Tokyo
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Line Co-CEO Shin Jung-Ho says he expects the company’s fintech business to break even in one to two years.(Source: Bloomberg)

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Japan’s Line Corp., which has been investing heavily into fintech operations, may see the new businesses break even in as early as one to two years, co-Chief Executive Officer Shin Jung-ho said in an interview.