On line dating business ipo
It's not yet clear how well Line might do in Western markets, where Facebook's Messenger and Whats App are among the most popular messaging options. Line has its headquarters in Tokyo, but is owned by Naver Corp., South Korea's No. Line's stock debut in Tokyo and New York is a milestone event for a Korean internet industry that has typically seen little success outside the country, apart from some online games.In addition, Apple and Google are also working on sprucing up their messaging offerings. In South Korea, though, Line lags far behind Kakao Talk, which had a year's head start.Speaking to reporters after a forum in 2014, Lee said he was "seriously truly worried" whether Naver could win the competition with American or Chinese companies.
Dating Services Industry This is the ONLY in-depth business analysis that covers ALL segments of this industry, since the market has no trade association performing market research.
This market is a now a .5 billion business in the U.
S., with online dating services soaring in popularity since 2001 and representing 70% of the market’s value.
The Japanese messaging app Line is set to begin trading on the New York Stock Exchange on Thursday and in Tokyo on Friday. S., Line has enjoyed a quick surge to popularity in Japan, filling an important communications hole after a devastating earthquake and tsunami in 2011 damaged phone infrastructure.
In its home country, Line has more users than Facebook or Twitter.