Chat app Line wants to go public

- The company behind the Asian popular chat application line, similar to WhatsApp, will for the summer at the fair in both Tokyo and New York. The aim is to raise up to $ 3 billion. Reported International Financing Review (IFR).

Line is not widely used in Europe and the United States, but in Asian countries like South Korea and Japan particularly popular. Worldwide, with 212 million active monthly users in sixth place in terms most IM services. Whatsapp state with 900 million active users on top.

Morgan Stanley, Goldman Sachs, JPMorgan and Nomura are preparing dual IPO.