A Japanese instant messaging app called Line brought in a whopping $100 million in revenue last quarter. The company that owns the app has suggested that they will be considering an IPO sometime next year.
Two Takes
View TECHi Stance
A messaging app brought in $100 million in revenue last quarter
Techcrunch
View all Techcrunch Two Takes by TECHi
Read the original story
Published November 11, 2013
TECHi's Take
The app, which spun out of its parent company NHN earlier this year, said it brought in 9.9 billion yen ($99.9 million) in net sales for the quarter ending in September. Overall revenues, which include the amount that Line has to pay out to the app stores and developers, has more than doubled in the past six months to 15.6 billion yen ($157.6 million).
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Balanced Perspective
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
More Two Takes from Techcrunch
James Cameron, the acclaimed director known for pioneering visual effects in movies like Avatar, has expressed strong reservations about generative…
ChatGPT's voice mode has been integrated directly into the main chat interface, making it easier and more natural to use. …
X has rolled out a new ‘About This Account’ feature showing when an account joined, username changes, and importantly, geographic…
WhatsApp has relaunched its "About" feature, which functions similarly to Instagram Notes, allowing users to post short text updates visible…