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Line Launches $42M Fund To Turn Its Messaging App Into A Lifestyle Platform

 Messaging app Line, which aspires to be more than just a communication tool, announced today that it will launch an investment fund to grow its network of services. Called LINE Life Global Gateway, it is worth about 5 billion yen (or $42 million). LINE Corp, the messaging app’s owner, will use it to invest companies that provide online-to-offline (O2O), e-commerce, payment, media, and… Read More