LINE Corporation, owners and operators of the free calling and messaging app, “LINE”, announced its earnings for the quarter ending June 30, 2013.
LINE Corporation’s revenue for the quarter was JPY 12.8 billion (up 348.9% over the same term last year and 45.3% over the previous quarter). This can be attributed to the healthy growth of its LINE and advertising businesses.
*Consolidated performance including LINE PLUS Corporation, LINE Business Partners Corporation and DataHotel Co., Ltd
The revenue for its core business, LINE, was JPY 9.77 billion (up 66.9% over the previous quarter), representing 76% of LINE Corporation’s total revenue.
■Earnings of the LINE business in 2013 second quarter
The revenue includes in-game purchases (53%), sticker purchases (27%), official accounts, and sponsored stickers.
LINE’s registered users have been increasing worldwide, with especially high growth in Japan, Thailand, Taiwan, Spain and Indonesia. The total number of registered users surpassed 200 million on July 21. LINE Corporation has also been strengthening global marketing efforts through television commercials and joint promotions in Southeast Asian countries like Indonesia and Malaysia, and South American countries such as Mexico.
Mr. Akira Morikawa, CEO of LINE Corporation, commented:
“LINE has achieved 200 million users in a mere six months after hitting the 100 million user mark this January, and has shown impressive growth both home and abroad. We have been experimenting with new business models for the smartphone era, and the improvement in our performance this quarter is a symbol of their success. We will continue to actively invest in new opportunities and conduct new challenges so as to become a common piece of communication infrastructure worldwide, and aim to achieve 300 million users within 2013.”
LINE Corporation will continue to work on the platformization and global expansion of its LINE service, and provide even more attractive services to users worldwide.
Additional notes regarding this press release
Source: LINE Corporation
About LINE Corporation
LINE Corporation is headquartered in Shibuya, Tokyo, with Akira Morikawa as CEO.
About LINE (http://line.naver.jp/)
LINE is a free calling and free messaging app, operated and owned by LINE Corporation.
*The above figures are based on preliminary internal financial information and may be amended by external auditors.