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September 29, 2016 11:38 am GMT

Chat app Line backs VC funds to unlock global growth opportunities

A smart phone is shown with messaging app Line in Seoul, South Korea, Wednesday, July 16, 2014. Naver Corp. said its subsidiary Line Corp. that operates a popular mobile messaging app is considering listing its shares in Tokyo or New York. Naver, South Korea's largest Internet company, said Wednesday that Line could sell shares in an initial public offering in both Japan and the U.S. (AP Photo/Lee Jin-man)Chat app company Line is investing in international opportunities after it announced that it is backing two VC firms: DAG Ventures in the U.S. and France-based Korelya Capital. Read More

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