Line is finally planning an IPO in Tokyo—and possibly New York—after two years of mulling it over, the Wall Street Journal reports. The company will probably raise $2 to $3 billion, and the IPO will reportedly value Line at about $5 billion.
But that valuation number was even higher when Line first started considering going public. Since then, user growth has stagnated: Line has reported about 200 million monthly active users for the past year. PM