TOKYO, Mar. 28 (Korea Bizwire) — Juniper Networks (NYSE:JNPR), an industry leader in automated, scalable and secure networks, today announced that LINE Corporation, operator of one of the world’s largest instant messaging1 apps LINE, has extended its long-term relationship with Juniper as its networking vendor of choice to support LINE’s explosive growth in traffic demands, [...]
SEOUL, Oct. 26 (Korea Bizwire) – Online search giant Naver’s content business portfolio is thriving thanks to its increasingly popular ‘webtoons’, comics distributed through a digital platform. In a conference call on October 26, CFO Park Sang-in disclosed that Naver had 40 million monthly active users worldwide, of which 18 million originate in South Korea. [...]
SEOUL, Sept. 9 (Korea Bizwire) — Naver affiliate Line is making a foray into the German market with a real-time video platform. As Naver is investing heavily in Europe, synergy effects created by both initiatives are expected. According to Naver on September 8, Line recently launched the Line Live application, a real-time video platform, in [...]
SEOUL, Jul. 12 (Korea Bizwire) — Messaging giant Kakao and search engines Google and Naver are the three largest mobile app makers in South Korea, a new industry report has revealed. Among Android smartphone users in the country, Kakao was branded the most popular mobile app maker both in the number of users and the average [...]
SEOUL, Jun. 1 (Korea Bizwire) — China-based tech manufacturer ZTE Corp. is gradually expanding its presence in the South Korean market by joining forces with local companies, industry watchers said Wednesday. There are currently three ZTE-manufactured devices being sold in South Korea, including the LINE Friends smartphone released through KT Corp., the country’s No. 2 [...]
SEOUL, Sept. 29 (Korea Bizwire) – Naver Corp., South Korea’s largest Internet portal, and its mobile messaging affiliate Line Corp. said Thursday they will invest 100 million euros (US$112.2 million) into a French venture fund set up by France’s first South Korean-born minister, Fleur Pellerin. Naver and Line will invest 50 million euros each into [...]
SEOUL, June 28 (Korea Bizwire) – Japan-based global messaging app operator LINE Corp. said Tuesday that it has set the price range of its initial public offering (IPO) at between 2,700 yen and 3,200 yen (US$31.60) a share, roughly matching its previously hoped-for price of 2,800 yen per share, amid increased market tumult sparked by [...]
SEOUL, May 13 (Korea Bizwire) – LINE, the mobile messaging app of South Korean portal giant NAVER, has beaten its rivals in sales of applications available on Google Play Store for the past four years, a global industry tracker said Friday. In the four years up to March this year, the Korean messaging app topped others in [...]
SEOUL, March 24 (Korea Bizwire) – The number of LINE messenger users operated by the Japanese arm of South Korea’s top portal provider Naver Corp. has surpassed the 1 billion mark five years after its launch in 2011, the company said Thursday. The number of monthly active users, or MAU, of the social networking mobile application stood at 215 million globally as of [...]
SEOUL, Feb.26 (Korea Bizwire) – Line, an affiliate of Naver that provides mobile messaging services, announced that it is setting foot in the Indonesian O2O (online to offline) market in alliance with a local motorcycle taxi service. ‘Go-JEK’, the Indonesian affiliate of Line, is the No.1 business in motorcycle taxi services. The company operates 200,000 [...]