LY Corporation

Develops calling and messaging applications. Learn more

Launch date

Sep 2000

Market cap

Enterprise valuation

AUD10.7b (Public information from Jul 2016)

Tokyo Japan (HQ)

https://www.lycorp.co.jp

https://twitter.com/line_global https://www.facebook.com/line.worldwide https://www.linkedin.com/company/lycorpjp/https://apps.apple.com/app/id1386626064 https://play.google.com/store/apps/details?id=com.linecorp.LGCC

Corporate Venture Fund: LINE Ventures, Z Venture Capital

Revenues, earnings & profits over time

JPY	2017	2018	2019	2020	2021	2022
Revenues	168.0b	207.6b	227.9b	247.5b	282.4b	333.0b
% growth	-	24 %	10 %	9 %	14 %	18 %
EBITDA	21.4b	(446m)	(29.3b)	3.0b	32.0b	44.9b
% EBITDA margin	13 %	-	(13 %)	1 %	11 %	13 %
Profit	8.1b	(3.7b)	(46.9b)	(35.1b)	(11.4b)	9.3b
% profit margin	5 %	(2 %)	(21 %)	(14 %)	(4 %)	3 %
R&D budget	-	21.4b	31.0b	-	-	-
R&D % of revenue	-	10 %	14 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	BRV Capital Management	N/A	-
Jul 2016	N/A	$1.1b Valuation: $6.9b	IPO
Dec 2017	N/A	N/A	Post IPO Equity
Sep 2018	N/A	$1.3b	Post IPO Convertible
Oct 2018*	Anchor Equity Partners	$110m	Post IPO Equity
Oct 2018	LINE TV (CHOCOLABS)	N/A	Merger
Nov 2019*	Yahoo! JAPAN	N/A	Merger
Dec 2023*	ARK Invest	N/A	Post IPO Equity
Total Funding		-

LINE Corporation is based in Japan and develops and operates the LINE app for smartphones. Since launching in June 2011, the LINE app has grown into a global service used in 230 countries.

"LINE" is a smartphone app which allows users to enjoy free calls and messaging with other LINE users, both nationally and internationally, regardless of which mobile network provider they are using.

Tech stackLearn more about the technologies and tools that this company uses.