Selfie app Snow, once a Snapchat clone, raises $50M from SoftBank and Sequoia China

 It’s been a while since we heard from Snow, the Snapchat clone app in Asia that Facebook once tried to buy, but today the company behind it has scooped up a $50 million investment from SoftBank and Sequoia China.
Snow was started by Naver, the Korean firm behind popular messaging app Line, and it had proven popular in Japan, Korea, China and other markets in Asia thanks to a focus on… Read More

View More Selfie app Snow, once a Snapchat clone, raises $50M from SoftBank and Sequoia China

Chat app Line is reportedly considering its own cryptocurrency

 Tickets please, the next crypto train is about to depart. Japan-based messaging app Line is said to be the latest public company to consider a move into the blockchain and cryptocurrencies, according to a Bloomberg report.
Unlike some of the more obscure and head-scratching moves, which include China’s forgotten social network and an iced tea company, there would be some merit to Line… Read More

View More Chat app Line is reportedly considering its own cryptocurrency

Mobike lands investment from Line to grow its bike-sharing service in Japan

 Dock-less bike rental company Mobike is teaming up with messaging app firm Line to boost its presence in Japan. Line, which is Japan’s most popular messaging app with 71 million users in the country, is making an undisclosed investment in Mobike Japan, the Chinese firm’s entity in the country. The deal will see the Mobike service integrated into the Line app the same way that it… Read More

View More Mobike lands investment from Line to grow its bike-sharing service in Japan