Line has published a financial report for the third quarter of 2014
The financial report of Line Corporation for the third quarter of 2014 has been published — for the company it ended on September 30 of this year.
The projects LINE Rangers, LINE Get Rich and LINE: Disney TsumTsum brought the largest revenue to the messenger. In addition, LINE's profits are growing from the sale of stickers, the Free Coins payment system and the LINE@ Official Account service for small companies.
The corporation's revenue for the third quarter of 2014 amounted to $213 million, which is 16.6% more than in the same period of the previous quarter and 82.9% more than in the third quarter of 2013.
Revenue from LINE messenger reached approximately $193 million in the third quarter of 2014, which is 17.7% higher than in the previous quarter and 104.2% higher than in the third quarter of 2013.
The messenger's MAU this month is 170 million. Almost 87 million of them are users from Japan, Taiwan and Thailand. In addition, LINE's audience has expanded with 10 million users from India, the USA and Colombia.
In the future, the company plans to create its own payment system, as well as actively develop in the O2O segment (from online to offline).
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A source: http://www.pocketgamer.biz
LINE is an application for smartphones and PCs, a means of instant messaging (text, audio and video calls, file transfer). Developed by NHN Japan, NHN Corp, now operated by the Japanese company Line Corporation. The application is most popular in Asian countries. In its segment, it is one of the most financially successful, as it offers users to buy products in Line Games that can be played together with an interlocutor.
