The financial report of Line Corporation for the third quarter of 2014 has been published – for the company it ended on September 30 of this year.
The projects LINE Rangers, LINE Get Rich and LINE: Disney TsumTsum brought the greatest income to the messenger. In addition, LINE’s profits are growing from the sale of stickers, the Free Coins payment system and the LINE@ Official Account service for small companies.
The corporation’s revenue for the third quarter of 2014 amounted to $213 million, which is 16.6% more compared to the same indicator of the previous quarter and 82.9% compared to the results of the third quarter of 2013.
Revenue from the LINE messenger reached approximately $193 million in the third quarter of 2014, which is 17.7% higher than in the previous quarter and 104.2% higher than in the third quarter of 2013.
The messenger’s MAU this month is 170 million. Almost 87 million of them are users from Japan, Taiwan and Thailand. In addition, LINE’s audience has expanded due to 10 million users from India, the USA and Colombia.
In the future, the company plans to create its own payment system, as well as actively develop in the O2O segment (from online to offline).
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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.