LN - LINE Corporation

NYSE - NYSE Delayed Price. Currency in USD
31.77
-0.49 (-1.52%)
At close: 4:02PM EST
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Previous Close32.26
Open31.73
Bid27.09 x 800
Ask41.15 x 800
Day's Range31.69 - 32.02
52 Week Range27.66 - 47.81
Volume31,611
Avg. Volume86,093
Market Cap7.865B
Beta (3Y Monthly)1.58
PE Ratio (TTM)N/A
EPS (TTM)-0.39
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est32.95
Trade prices are not sourced from all markets
  • Tencent and Line Team Up to Counter Alibaba in Japan
    Motley Fool10 days ago

    Tencent and Line Team Up to Counter Alibaba in Japan

    The two Asian tech companies face off against a common enemy.

  • Here's Why LINE Stock Popped 11% in November
    Motley Fool10 days ago

    Here's Why LINE Stock Popped 11% in November

    The company wants to start a bank and offer more financial services to mobile users.

  • Reuters18 days ago

    Nikkei rises for 4th day; Dainipppon Sumitomo Pharma surges

    Japan's Nikkei rose for a fourth day on Wednesday, supported by buying of large cap stocks such as Fast Retailing which offset weakness in airlines. Dainippon Sumitomo Pharma added a hefty 19 points to the Nikkei, jumping 18 percent to a level not seen since 1990 after the drugmaker said all the disputes underlying its patent infringement lawsuit for its depression drug Latuda have been resolved.

  • Reuters19 days ago

    Nikkei rises to more than 2-week high; Line extends rally

    Japan's Nikkei rose on Wednesday morning to more than a two-week high, with Line Corp extending gains on its partnership deal with Mizuho Bank and Tencent and shippers rallying on higher freight charges. The Japanese market took heart from a rise in U.S. shares overnight, with all three of Wall Street indexes reversing losses after White House economic adviser Larry Kudlow said a meeting between President Donald Trump and his Chinese counterpart on Saturday was an opportunity to "turn the page" on a trade war.

  • Reuters19 days ago

    Japan's Line partners Mizuho, Tencent in fintech drive; shares jump

    Japanese chat app operator Line Corp (3938.T) will set up a bank with Mizuho Financial Group Inc (8411.T) and also partner China's Tencent Holdings Ltd to offer mobile payment services - plans which saw its stock rise 13 percent on Tuesday. Pending regulatory approval, the bank will provide financial services to Line's almost 80 million users from 2020, Line and Mizuho said, without detailing the services to be offered. Line will hold 51 percent of the bank with Mizuho owning the rest.

  • Japan's Line partners Mizuho, Tencent in fintech drive; shares jump
    Reuters19 days ago

    Japan's Line partners Mizuho, Tencent in fintech drive; shares jump

    Japanese chat app operator Line Corp (3938.T) will set up a bank with Mizuho Financial Group Inc (8411.T) and also partner China's Tencent Holdings Ltd to offer mobile payment services - plans which saw its stock rise 13 percent on Tuesday. Pending regulatory approval, the bank will provide financial services to Line's almost 80 million users from 2020, Line and Mizuho said, without detailing the services to be offered. Line will hold 51 percent of the bank with Mizuho owning the rest.

  • Not Even Tencent Can Make Up for Line's Lost Friends
    Bloomberg19 days ago

    Not Even Tencent Can Make Up for Line's Lost Friends

    (Bloomberg Opinion) -- Line Corp. investors are so desperate for any shred of good news that reports of a tie-up with Tencent Holdings Ltd. drove the stock’s biggest gain in two years.

  • Not Even Tencent Can Make Up for Line's Lost Friends
    Bloomberg19 days ago

    Not Even Tencent Can Make Up for Line's Lost Friends

    (Bloomberg Opinion) -- Line Corp. investors are so desperate for any shred of good news that reports of a tie-up with Tencent Holdings Ltd. drove the stock’s biggest gain in two years.

  • Reuters19 days ago

    Japanese stocks track Wall St higher, Line surges

    Japanese stocks advanced on Tuesday, lifted by a rally on Wall Street and as a weaker yen supported exporters, although fresh concerns about U.S.-China trade tensions limited broader gains. The Nikkei ...

  • Japan's Line Corp to establish bank in tie-up with Mizuho: source
    Reuters20 days ago

    Japan's Line Corp to establish bank in tie-up with Mizuho: source

    Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a source with direct knowledge told Reuters on Tuesday, declining to be identified because the plan is not yet public. Mizuho is scheduled to hold a news conference at 3:30 p.m. (0630 GMT) to brief on a new business. Officials at the bank were not immediately available to comment on the tie-up with Line, which was first reported by public broadcaster NHK.

  • Business Wire27 days ago

    LINE Corporation Collaborates with Mellanox and Cumulus Networks to Power Advanced Messaging Platform

    Mellanox® Technologies, Ltd., a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, and Cumulus Networks, the leading provider bringing web-scale networking to enterprise cloud, today announced LINE Corporation has selected Mellanox Open Ethernet Switches running Cumulus Linux open network operating system to power the network behind its popular messaging applications.

  • Chat app Line's games business raises $110M for growth opportunities
    TechCrunch2 months ago

    Chat app Line's games business raises $110M for growth opportunities

    Messaging app firm Line has given up majority control of its Line Games business and raised outside financing as it seeks to expand its collection of games titles and look at global expansion options. The Line Games business was formed earlier this year when Line merged its existing gaming division from NextFloor, the Korea-based game publisher that it acquired in 2017. Now the business has taken on capital from Anchor Equity Partners, which has provided 125 billion KRW ($110 million) in financing via its Lungo Entertainment entity, according to a disclosure from Line.

  • Why Did Line Corporation Plunge to a New 52-Week Low?
    Motley Fool2 months ago

    Why Did Line Corporation Plunge to a New 52-Week Low?

    Surging expenses are swallowing up the company’s revenue.

  • TheStreet.com3 months ago

    Martellus Bennett on Life After Football, Cannabis and Crypto

    Say no to crypto, says Martellus Bennett. The former tight end and Super Bowl champion with the New England Patriots, offered that advice and more when he sat down with TheStreet to talk about life after football. "Football was really getting in my way of making cool s***," Bennett told Yahoo's Dan Roberts at Yahoo Finance's All Markets Summit.

  • Reuters3 months ago

    Japan's Line raising $1.3 billion via convertible bonds for money businesses

    Japan's Line Corp is raising around 148.1 billion yen ($1.33 billion) through convertible bonds to fund the popular chat app operator's aggressive expansion in the financial services business. The company said on Tuesday it plans to spend the bulk of the money raised on promotion of "LINE Pay" and other new financial services by end-2021. "LINE Pay" allows users to send money to one another using the chat app as well as to do offline payment at stores.

  • Reuters3 months ago

    Japan's Line raising $1.3 billion via convertible bonds for money businesses

    Japan's Line Corp is raising around 148.1 billion yen ($1.33 billion) through convertible bonds to fund the popular chat app operator's aggressive expansion in the financial services business. The company said on Tuesday it plans to spend the bulk of the money raised on promotion of "LINE Pay" and other new financial services by end-2021. "LINE Pay" allows users to send money to one another using the chat app as well as to do offline payment at stores.

  • Bitcoin Slips; Line to Launch Cryptocurrency
    Investing.com3 months ago

    Bitcoin Slips; Line to Launch Cryptocurrency

    Investing.com - Bitcoin prices slipped on Monday, while Ethereum, XRP and Litecoin lost more than 3%. Japan’s Line Corp (NYSE:LN) announced on Friday that it would launch a cryptocurrency in September.

  • Reuters4 months ago

    Japanese messaging app operator Line to launch cryptocurrency

    Japan's Line Corp said on Friday it will launch a cryptocurrency in September, as the company tries to build up a wide range of businesses using its popular messaging app as a platform. The company said the digital coin "LINK" will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX. The coin is not available for users in Japan and the United States for regulatory reasons, it said.

  • Japanese messaging app operator Line to launch cryptocurrency
    Reuters4 months ago

    Japanese messaging app operator Line to launch cryptocurrency

    Japan's Line Corp said on Friday it will launch a cryptocurrency in September, as the company tries to build up a wide range of businesses using its popular messaging app as a platform. The company said the digital coin "LINK" will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX. The coin is not available for users in Japan and the United States for regulatory reasons, it said.

  • Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business
    Bitcoin Magazine5 months ago

    Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business

    Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.S. Investors can now access markets for up to 30 separate digital currencies including bitcoin, bitcoin cash, ether and litecoin.BITBOX’s Project Manager Edward Lee spoke with Bitcoin Magazine regarding the launch. In the interview, he indicated that it’s always been Line Corporation’s goal to launch a cryptocurrency exchange, especially as digital currency has headed further into mainstream territory. “The launch of BITBOX is part of our long-term strategy to become a leader in fintech services, and it shows our commitment to fulfilling the growing demand for more diverse financial options,” he claims. “We are trying to provide a user-friendly service for those who may have felt intimidated by the world of cryptocurrency. With BITBOX, Line users will be able to access cryptocurrencies more easily, while also being assured of state-of-the-art security measures to protect their assets. In addition, we also plan to develop a mobile version of social features for BITBOX.” The platform is offering various perks and rewards for customers who register early. For example, the first 2 million entrants will receive $10 USD which can be used toward crypto purchases on the exchange. In addition, customers will be exempt from all trading fees during the first month of operation. After that, these fees will be relatively low at 0.1 percent. Lee says BITBOX differs greatly from other digital exchanges in the awards and security features it offers. “BITBOX was established by a publicly traded company, Line, which has a proven track record as a successful, global messaging platform,” he states. “This brings credibility to BITBOX as a cryptocurrency exchange, something many of the other players lack.” He continued on to say, “BITBOX also brings Line’s rich insights into UI and UX design to the exchange platform, enabling us to create an intuitive layout that is easier to use, and like Line, BITBOX is absolutely committed to protecting user data. We will provide comprehensive security measures, including integrating the multi-signature technology offered by BitGo, the market leader in institutional-grade cryptocurrency security. Our users’ assets will also be protected by insurance, further safeguarding them in case any incidents occur.” BitGo is unique in that it’s multi-signature, three-key management software removes any single point of failure, and its advanced security configurations ensure assets remain safe as they move in and out of wallets. To further insulate funds, Lee says that up to 90 percent of users’ assets will be held in cold storage and that BITBOX is adopting a 24-hour surveillance system. This system is attached to Line’s messaging app, which will notify both users and executives should a hack occur. BITBOX will also monitor any irregular trades or attempts to manipulate prices.In addition, Lee claimed that BITBOX’s coin and token selection process is selective, as it will only list new cryptocurrencies after they pass a thorough vetting process. “All tokens added to the exchange must also go through a very rigorous evaluation process by BITBOX’s listing committee,” Lee concludes. This article originally appeared on Bitcoin Magazine.

  • TheStreet.com5 months ago

    LINE Is Big in Bangkok and May Be Worth Lining Up in Your Portfolio

    My jump-off point is Bangkok. This beautiful city certainly has its share of grit, and perhaps Murray Head was right when he sang that it would make a hard man humble. Bangkok's listed population is about the same population as New York City, but it feels to me that there are at least three times as many people, and traffic is much more chaotic than in the Big Apple.

  • Bitcoin Drops Below $6,000; Line to Launch Crypto Exchange in Singapore
    Investing.com6 months ago

    Bitcoin Drops Below $6,000; Line to Launch Crypto Exchange in Singapore

    Investing.com – Bitcoin dropped to around $5,900 on Friday, the second time it fell below $6,000 this month. Line Corporation, the developer of the most-used messaging app in Japan, is set to launch a cryptocurrency exchange in Singapore.