Line says it will allocate the additional revenue to improving the Line Creator's Market experience.
Internet Penetration Rate37.8%
Japan, is an island nation in East Asia. Japan is a developed country and has the world’s third-largest economy by nominal GDP and the world’s fourth-largest economy by purchasing power parity. Japan ranks high in metrics of prosperity such as the Human Development Index, with the Japanese population enjoying the highest life expectancy of any country in the world and the third lowest infant mortality rate.
Country data primarily sourced from World Bank's Data Bank.
The firm will be increasing its money per investment while targeting Internet of Things startups.
It should come as no surprise that some of Japan's smash hit games are also the most heavily advertised on television.
By creating this fund, it hopes to find “new sources of growth for Daum Kakao” and move away from its core messaging service.
Akira Morikawa, who oversaw Line's growth into an international messaging juggernaut, will pass the torch in March.
While the established tech giants continue to design most of the country’s hardware, this year saw several strong entries from domestic startups.
Line Music, a joint venture with Sony Music Entertainment and Avex Digital, will focus on the Japanese market while MixRadio will appeal to a global audience.
Rival Freee may have grabbed some headlines, but MoneyForward is gaining some powerful friends.
Japan’s startup pitch contests are breaking the traditional mold. And that’s a good sign for the local ecosystem.
Japanese electric vehicle startup launches e-rickshaw with 100-kilometer range, to debut in India.
The Tokyo-based joint venture gives Japanese fashionistas access to more than 300 international boutiques stocking over 1,000 high-end clothing labels.
The gaming company is resurgent and capping it off with one of Japan's largest IPOs this year.
Forget dancing to the beat. This Intel RealSense-powered app allows you to make the beat through body movements and gestures.
After the 2011 disaster, Tomohiro Takei took his Ph.d and years of VC experience to work mentoring the region’s startups.
Goodpatch isn't the first to release a prototyping tool but it does hold DeNA, IDEO, and Yahoo Japan as clients.
While Line does caution that the full rollout could take up to one month, the company makes it very clear that Line Pay comes packaged with the latest version o...
High-end circuit board design software can cost millions of dollars. Quadcept is disrupting the industry with premium tools on a low-cost subscription plan.