Chat App Line’s Revenue Falls For First Time Amid Struggle For Global Growth

 Mobile messaging app Line saw its revenue decrease quarter-on-quarter for the first time as the Japanese company battles to grow its user base amid increased competition worldwide. The company, which saw its monthly active user count rise by 6 million to 211 million, posted revenues of 27.8 billion JPY ($224 million) for Q2 2015. That represents a 37 percent year-on-year increase, but a 1… Read More

from TechCrunch » Social http://ift.tt/1E2sEW9 Chat App Line’s Revenue Falls For First Time Amid Struggle For Global Growth Jon Russell http://ift.tt/1fLoOrs
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