The Naver-owned messaging service, which initially planned to float last year, has suspended its plans to go public again.
Line, the Japan-based internet services company owned by Korea-based internet portal Naver, has suspended its initial public offering again, the Wall Street Journal reported yesterday, citing people familiar with the situation.
Spun off from Naver in 2000 as Hangame Japan Corporation, the company began trading as Line Corporation in 2013 after taking the name of its most popular product, instant messaging and calling app Line. It is perhaps best known for its stickers, which revolve around a range of original…
