The Naver-owned messaging platform, which first hoped to float in 2014 but dropped the plans in mid-215, is now aiming for a valuation of up to $3bn.
Line, the Japan-based messaging services operator owned by South Korea-based internet company Naver, has revived its plans for an initial public offering, Reuters reported yesterday.
Details of the IPO, which will be in the form of a dual listing in New York and Tokyo, are set to be revealed on June 10. The pricing is expected to be confirmed either the following week or towards the end of the month.
The company is aiming for a valuation of $2bn to…
