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July 30, 2015

Chat App Line’s Revenue Falls For First Time Amid Struggle For Global Growth

These statues are pretty cute, though I'm not sure exactly what they do... if anything?! Mobile messaging app Line saw its revenue decrease quarter-on-quarter for the first time as the Japanese company battles to grow its user base amid increased competition worldwide. The company, which saw its monthly active user count rise by 6 million to 211 million, posted revenues of 27.8 billion JPY ($224 million) for Q2 2015. That represents a 37 percent year-on-year increase, but a 1… Read More

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