Two companies that own the most significant messengers in the Asian market, Tencent and LINE Group, have invested $100 million in Creative Lab. With the funds received, the leading Korean game developer will have the opportunity to expand its presence outside of South Korea and prepare for an IPO in 2015.
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LINE has created a joint company with Gree
Founded in 1998. Among its developments are the messengers QQ and WeChat, whose total MAU is more than 1 billion. Tencent accounts for 30% of China’s mobile market.LINE is an application for smartphones and PCs, a means of instant messaging (text, audio and video calls, file transfer).
Developed by NHN Japan, NHN Corp, now operated by the Japanese company Line Corporation. The application is most popular in Asian countries. In its segment, it is one of the most financially successful, since it offers users to buy products in Line Games, which can be played together with an interlocutor.