The latest chemical trading industry insights from Japan, Asia and the world, reported by the President of Daishin Corporation, Masa Oguchi.
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President, Daishin Corporation
Born in Nara Prefecture, Japan, in 1973. Currently lives in Osaka.
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LINE Applies to List on Tokyo Stock Exchange
On July 16, Nikkei Newspaper reported that an instant messaging app operator LINE Corporation applied for an initial public offering on the Tokyo Stock Exchange.
LINE is a Japanese subsidiary of NAVER Corporation, a South Korean IT company.
According to a relevant source, the company could be valued at more than JPY 1 trillion (about USD10 billion).
LINE aims to take more shares in foreign markets, including the North American market by investing funds acquired through the IPO.
Competition will be fiercer with competitors such as WhatsApp which Facebook acquired in February or Tencent in China.
LINE Applies to List on Tokyo Stock Exchange
On July 16, Nikkei Newspaper reported that an instant messaging app operator LINE Corporation applied for an initial public offering on the Tokyo Stock Exchange.
LINE is a Japanese subsidiary of NAVER Corporation, a South Korean IT company.
According to a relevant source, the company could be valued at more than JPY 1 trillion (about USD10 billion).
LINE aims to take more shares in foreign markets, including the North American market by investing funds acquired through the IPO.
Competition will be fiercer with competitors such as WhatsApp which Facebook acquired in February or Tencent in China.
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