|Bid||35.98 x 1000|
|Ask||39.24 x 1100|
|Day's Range||36.66 - 37.08|
|52 Week Range||27.66 - 46.48|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.12|
Japan's Nintendo Co Ltd said on Friday it was developing a smartphone game with messaging app operator Line Corp, as it continues to branch out into mobile gaming and diversify its revenue streams. "Dr. Mario World", the latest mobile title featuring Nintendo's multi-talented plumber, will be released in early summer, the Kyoto-based company said in a statement. Nintendo needs to find new sources of revenue to offset the decline of its aging 3DS handheld console, analysts say.
TOKYO (Reuters) - Japan's Line Corp said on Friday it will develop Dr. Mario World game with Nintendo Co Ltd. Line said it aimed to release the game around the middle of this year. (Reporting by Sam Nussey ...
The operator of Japan’s most popular messaging platform plans to introduce Line Securities equities trading service jointly with the country’s biggest brokerage Nomura Holdings Inc. this year, provided it receives the necessary government permits, Tetsuhiko Saito, who heads Line’s financial arm, said in an interview in Tokyo. A banking offering in partnership with megabank Mizuho Financial Group Inc. could become available as early as fall 2020, Saito said.
No other nation uses social media for e-commerce as much as Thailand, with buyers and sellers haggling over price via chats just as they do in ubiquitous street markets, said Ariya Banomyong, Line’s managing director in the country. Social media applications like Line, Facebook and Instagram accounted for 51 percent of Thailand’s $3.1 billion e-commerce market last year, PricewaterhouseCoopers LLP research shows.
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.
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.
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.
(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.
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 ...
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.
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.
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.
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.
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.