Messaging app firm Line has given up majority control of its Line Games business after it raised outside financing to expand its collection of titles and go after global opportunities. The Line Games business was formed earlier this year when Line merged its existing gaming division from NextFloor, the Korea-based game publisher that it acquired in […]
View More Chat app Line’s games business raises $110M for growth opportunitiesCategory: line corp
Messaging firm Line launches a dedicated crypto fund
Messaging company Line is continuing to burrow deep into the crypto space after it announced the launch of a $10 million investment fund. The fund will be operated by Line’s Korea-based blockchain subsidiary Unblock Corporation, which is tasked with research, education and other blockchain-related services. The fund will be called Unblock Ventures and it’ll initially have […]
View More Messaging firm Line launches a dedicated crypto fundSoutheast Asia e-commerce startup iPrice raises $4M led by chat app Line’s VC arm
iPrice, a service that aggregates Southeast Asia’s e-commerce websites in a single destination, has pulled in new funding led by messaging app Line’s VC arm, Line Ventures. The round is officially undisclosed, but TechCrunch understands from a source close to negotiations that it is worth around $4 million. Existing iPrice backers Cento Ventures (formerly known as […]
View More Southeast Asia e-commerce startup iPrice raises $4M led by chat app Line’s VC arm