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Line's Shopping List

Line, the Asian messaging app that's not WeChat, is in the market for acquisitions, CEO Takeshi Idezawa told Bloomberg's Yoolim Lee and Yuji Nakamura.

After raising $1.3 billion in its Tokyo and New York offerings last month, the Japanese company has a team scouring the globe for possible targets to help it become a smart portal.

Shopping can be a tiring task even with a dedicated group of colleagues pitching in, so here's a list to help Idezawa get started. I've focused on companies that would both add value to Line's business and benefit from its reach, technology and existing messaging interface.

Bigo Live
Never heard of it? Southeast Asia has. The live-broadcasting app tops the social-networking category in Indonesia, Cambodia and Singapore, and is in the top five of another half-dozen markets including Vietnam, Thailand and Malaysia, according to App Annie data. For Line, Bigo checks all the right boxes: user engagement, demographics, regional...