June 12, 2016

LINE (LN) IPO


Line Is Going Public

Line is a popular messaging app in Japan. It's revenue has grown substantially since 2013. From 39.6B Yen to 120.7B Yen. That's about $350M to over $1B!! In just 2 years. It went from a baby to a toddler. But what's the future? It's popular in Japan, banned in China, and fairly unknown in North America. Japan's population is less than half of the United States.

Should I Invest In LINE (LN) IPO?

I can't even figure out if I should invest in them. I've been using Line's apps for the past two days, and I will say -- they are kinda addictive -- but will I spent money on their services? I don't think so, but then again -- I'm not their target audience, so what do I know?

Although, there is something about Line that just makes me want to invest in them. Their services are similar to WeChat, and WeChat is amazing. But, I don't know.

You Can Read About Line

Article - Line

Is Line my rusty armor?



1 comment: