Sunday, June 26, 2016

RPT-Line, the biggest tech IPO of the year, struggles to show its growth plan can work

TOKYO, June 26 (Reuters) - In delaying its IPO by two years,

Japanese messaging app company Line Corp bought time to

correct weak financial reporting controls, work on its business

plan, bolster staffing - and left billions of dollars on the

table as its valuation shrivelled.

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