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Business

Line takes top market share in Indonesia

TOKYO -- Messaging app operator Line Corp. has seized the top share in a fourth market, Indonesia, the company said Thursday.

     Line was already the most popular chat app in Japan, Thailand and Taiwan, the company said, and it now has 123 million monthly active users across those four countries and regions where it is on top. TV commercials with popular local actors helped it gain traction in Indonesia.

     The app had 205 million monthly active users globally as of March, cracking 200 million for the first time after growing by 24 million since January. But it trails WhatsApp, which is owned by U.S.-based Facebook and has over 800 million users globally.

     "We will grow the business at an even faster speed than before," Line Corp. Chief Executive Officer Takeshi Idezawa said.

     The company's revenue for the January-March quarter, also released Thursday, jumped 70% on the year to 28.1 billion yen ($234 million). Its sound-accompanied emoticons and in-app purchases from its Disney TsumTsum puzzle game boomed. No profit figures were announced.

     Revenue from its Line app business alone increased 9% from the previous quarter to 25.4 billion yen. In-game purchases accounted for 60% of the total, while emoticon sales and ad revenue accounted for 15% each.

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