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Biggest tech IPO of 2016 soars 36% in debut


Shares of Line Corp., a Japanese messaging app, soared as much as 36 percent in their initial public offering Thursday, valuing the startup at $9.34 billion and making it the biggest tech debut of the year. The Tokyo-based mobile app — which is angling to challenge Facebook’s WhatsApp and Messenger apps after establishing dominance in...
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Source: New York Post


18:20, July 14, 2016 James Covert

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