Line Corporation
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| File:JR Shinjuku Miraina Tower-1b.JPG
Line Corporation's headquarters
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Native name
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LINE株式会社 |
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| Public | |
| Traded as | TYO: 3938 NYSE: LN |
| Industry | Internet and Telecommunications |
| Predecessor | NHN Japan |
| Founded | Tokyo, Japan (September 4, 2000) |
| Founder | Naver Corporation |
| Headquarters | Tokyo, Japan South Korea |
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Area served
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Worldwide |
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Key people
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Takeshi Idezawa, CEO |
| Products | LINE, livedoor |
| Services | Line App, Line Manga, Line Play, Line Taxi |
| Revenue | ¥166.4B "$1.5B USD" (2020) |
| Total assets | ¥541.4B "$5B USD"(2020) |
| Total equity | ¥147.7B "$1.4B USD" (2020) |
| Owner | Naver Corporation (72.87%) |
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Number of employees
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2,268 |
| Subsidiaries | Line Plus Corporation Line Business Partners Corporation DataHotel Co., Ltd. Line Digital Frontier Line Vietnam |
| Website | linecorp |
LINE Corporation is a Tokyo-based subsidiary of the South Korean internet search engine company Naver Corporation. The company's business is mainly associated with the development of mobile applications and Internet services,[1] particularly the Line communication app.
History
Line Corporation was founded on September 4, 2000, as Hangame Japan as a part of Hangame, a South Korean game company owned by NHN at the time. On August 24, 2003, the company was renamed to NHN Japan. Naver later established another Japanese subsidiary, Naver Japan in 2007 which managed the Naver search engine in Japan before its demise. Naver Japan would later acquire Livedoor in 2010. In 2012, Naver merged the three entities (NHN Japan, Naver Japan, Livedoor) into a new subsidiary known as NHN Japan.[2] From April 1, 2013, the company changed its name and traded as Line Corporation.[3] Later that same year, NHN split into two companies, Naver Corporation and NHN Entertainment Corporation which the latter created a new NHN Japan Corporation subsidiary.[4] In November 2019 it was announced that Line and Z Holdings were going to be under a new subsidiary under Naver Corporation and SoftBank Group[5] which will be completed in October 2020.
References
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- Line
- Naver Japan
- Livedoor
- Clova Cloud Virtual Assistant by NAVER/LINE
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- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ https://www.navercorp.com/en/company/companyHistory.nhn
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ https://techcrunch.com/2019/11/17/yahoo-japan-and-line-corp-confirm-merger-agreement/
- Pages with reference errors
- Articles with short description
- Articles needing translation from foreign-language Wikipedias
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- Naver Corporation
- South Korean brands
- Internet in Japan
- Telecommunications companies based in Tokyo
- Internet search engines
- Companies listed on the Tokyo Stock Exchange
- Companies listed on the New York Stock Exchange
- Japanese companies established in 2000
- Telecommunications companies established in 2000
- 2016 initial public offerings
