Whatsapp Rival Line Could Revive Tokyo Exchange With Ipo

The revival of Tokyo's IPO market, or a bubble in the making? When news broke that Line, Japan's mega messaging app, was finally preparing to list its shares in Tokyo after months of speculation, investors had good reason to be excited. Line boasts over 400 million users globally and saw revenue triple in the first quarter.

Topics:  tokyo's ipo   line   south korea's naver   usd   tokyo   ipo   japan   exchange   
BING NEWS:
  • South Korea Backs Naver in Business Rift with Japan Over Line App
    In response to Japanese regulatory pressure, South Korea has affirmed its commitment to defend its businesses, particularly Naver, as tensions over Lines operational independence intensify. Growing ...
    05/10/2024 - 2:54 am | View Link
  • Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
    Tokyo-based Nippon Steel said the deal ... and gross misconduct by senior quality management of the 737 production line” at Spirit. The 45-year-old died on Tuesday after developing pneumonia ...
    05/2/2024 - 1:00 pm | View Link
  • Japan's FX intervention signals 160 yen line in the sand, says ex-official
    Japanese authorities likely intervened in the currency market to signal they see 160 yen to the dollar as their line in the sand, Columbia University academic and former finance ministry executive ...
    05/1/2024 - 5:03 pm | View Link
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