Chat App Line Invests In Mobile Games With New $20M Joint Venture

{rss:content:encoded} Chat App Line Invests In Mobile Games With New $20M Joint Venture http://ift.tt/1Hq78rx http://ift.tt/1vtGw6h August 05, 2015 at 01:01PM  With revenue dropping this past quarter following a slump, Japan-based messaging firm Line is going back to what it knows best with a new $20 million joint venture to create mobile games. The company, which is owned by Korean Internet giant Naver, has partnered with Korean game development firm LongTu to create Hong Kong-based Lantu Games. The 50-50 venture (each side is putting in $10… Read More