Line reports 25 million registered users in the USA, global revenues jump 16% from last quarter

Today popular messaging app Line revealed its revenues for the three-month span of July to September. If there were any doubts that the firm is poised to replace longtime heavyweights DeNA and Gree as Japan’s next big tech hope, the latest news should put them to rest. In those three months, the company raked in JPY 23 billion (US$211 million), a 16.6 percent rise from the previous quarter and a whopping 82.9 percent increase from the same period last year.

https://www.techinasia.com/line-q3-revenues-report/

Line reaches 30 million users in India, up from 10 million a year ago

Messaging app Line now has 30 million registered users in India, according to the Japan-based company that runs the popular service. That’s up from 10 million Indian users this time last year. The app first rolled out in the country, backed by an expensive TV ad campaign, in June 2013. Line has over 600 million registered users around the world, of whom 170 million are monthly active users.

https://www.techinasia.com/line-30-million-users-india/

Hike calls out to ex-Yahoo engineers with offers

NEW DELHI: India’s only home bred instant messenger app Hike has called out to former Yahoo engineers with employment opportunities at the company which is fast expanding operations, even offering free iPads to those who get selected.  “One of the biggest issues we’re facing is not being able to develop killer, awesome features in Hike, fast enough,” the company said in a blog post.

http://economictimes.indiatimes.com/tech/internet/hike-calls-out-to-ex-yahoo-engineers-with-offers/articleshow/44838110.cms

IMImobile acquires TextLocal, to expand mobile messaging offerings

TextLocal’s mobile messaging platform for SMBs has served over 120,000 businesses. MUMBAI, INDIA: IMImobile, a global technology company providing software and services which help businesses capitalise on the growth in mobile communications, announced the acquisition of TxtLocal Limited (TextLocal), a self-service, cloud based, mobile messaging business.

http://www.ciol.com/imimobile-acquires-textlocal-expand-mobile-messaging-offerings/

MyChat: a chat app to conquer Myanmar?

Myanmar is a country that is still off the map for most investors and startups. It’s considered to be years behind Cambodia, which is in turn, years behind Vietnam, which is behind Thailand. And everyone is behind Indonesia in interest level. The numbers in Myanmar reveal the reason. In a population of 60 million people, below five million  are online.

http://www.techinasia.com/mychat-chat-app-for-myanmar/

WeChat’s user base grows by 60% in Singapore

The younger generation in Singapore and other Asia Pacific countries are adopting WeChat, a mobile social communication application for smartphones, in droves. According to GlobalWebIndex (GWI), a market research company specialising in online consumer behaviour, WeChat’s active user base has increased over 55% from Q2 2013 to Q2 2014 globally, with Singapore’s growth attributed at 60%.

http://mis-asia.com/resource/mobile-and-wireless/wechats-user-base-grows-by-60-in-singapore/

Spread the news: BBC takes to popular messaging app Line

The BBC has just started using the popular messaging app Line to share news. The British broadcaster now has an official account on Line in 11 countries – the US, Australia, Spain, Germany, Italy, India, France, the Philippines, Singapore, Malaysia, and Hong Kong. With this, the BBC is sharing a mix of headlined images and very short video clips overlaid with captions to its followers. It looks like this:

http://www.techinasia.com/bbc-sharing-news-line-messaging-app/

Messaging app Hike aims to reach 100 million users next year

NEW DELHI: Targetting youth under 25, instant messaging application hike messenger is aiming to reach 100 million customers by the end of next year.  “We have reached a user base of 35 million in August, with 15 million additions in just two months, and are targetting to reach 100 million in the next 12-18 months,” Hike Founder and CEO Kavin Bharti Mittal told PTI.

http://economictimes.indiatimes.com/articleshow/42633681.cms

Forget WeChat: China’s coolest new messaging app changes the game with selfies

The strength of China’s web giants and the diversity of its startups usually means that no one service dominates to the extent that, say, Google or Facebook does in other nations. But that hasn’t been true of messaging apps. To chat with a buddy in China, you use WeChat. There are other apps, but WeChat is the only real show in town, with well over 430 million active users to prove it. But that’s not stopping local startups from making new messaging apps. One of the newest and definitely the coolest of these is CatchChat . It’s based around selfies – or any kind of photo and video you want to share – with the option of overlaying some text.

http://www.techinasia.com/catchchat-camera-messaging-app-from-china/

US firm buys Singapore instant messaging developer HotApps for S$876m

SINGAPORE: United States company Fragmented Industry Exchange (FIE) will be buying Singapore eDevelopment’s (SeD) subsidiary, HotApps International, for US$700 million (S$876 million). In a press release on Thursday (Sep 4), the Singapore Exchange (SGX) Catalist-listed SeD said FIE will acquire HotApps for 1 million new shares at US$10 each and US$690 million worth of zero-coupon perpetual bonds – for a total of US$700 million. Once the deal is completed, FIE will hold HotApps – an instant messaging software developer – as a wholly owned subsidiary, it said.

http://www.channelnewsasia.com/news/technology/us-firm-buys-singapore/1345890.html

Line takes aim at Rakuten and Amazon, to launch five new ecommerce services

Line, the messaging app that has nabbed 490 million registered users in three years, announced its plans for becoming a major player in the ecommerce industry at a news conference in Tokyo today. The strategy marks an interesting inflection point for Line. The service gained popularity for it’s colorful stickers, grew its revenue base with mobile games , and now has its sights set on ecommerce.

http://www.techinasia.com/line-mall-challenges-rakuten-amazon/

Hike gets fresh $65M funding to take on WhatsApp in India

Free messaging app Hike, the Indian answer to WhatsApp, Line, and WeChat, has just raised its largest round of funding: US$65 million led by Tiger Global Management. Bharti SoftBank (BSB), a joint venture of Bharti Enterprises and Japan’s Softbank Corporation, also participated in the latest round. Earlier, Hike had raised US$7 million in 2013, and another US$14 million in April 2014 from BSB.

http://www.techinasia.com/hike-raises-65-million-funding-tiger-global/

Instant messenger app Hike gets $65 million from Tiger Global, other investors

NEW DELHI: About a decade and half after Sunil Mittal’s Bharti Airtel raised $60 million from Warburg Pincus, Hike, the instant messenger app company founded by his son Kavin, has raised $65 million from foreign investors led by New York-based Tiger Global.  “I raised my first $60 million at age 42, Kavin has done it at 26. Sign of a changing India. A youthful and tech savvy India. A big congratulations to Kavin and his stellar team at Hike,” Sunil Mittal told ET.

http://economictimes.indiatimes.com/tech/internet/instant-messenger-app-hike-gets-65-million-from-tiger-global-other-investors/articleshow/40959805.cms

$12M in sales for user-generated stickers on LINE

Line’s DIY sticker shop is proving to be a respectable hit. The company behind the popular messaging app is reporting that user-created stickers hit JPY 1.23 billion (just under US$12 million) in sales for the three-and-a-half month period ending August 7. While that is still a small fraction of LINE’s overall revenues – US$177 million from April to June 2014 – it still shows remarkable growth.

http://www.techinasia.com/line-user-made-stamps-12-million-revenue/

WeChat reaches 438 million monthly active users as growth slows

Chinese web giant Tencent (HKG:0700) has just released its Q2 earnings report. We’ll look at the financials later, but first the number that we all want to see – Tencent’s messaging app, WeChat, is now at 438.2 million monthly active users (MAUs). Social gaming tied to WeChat and QQ (Tencent’s old MSN-style instant messaging service) generated RMB 3 billion (US$487.4 million) in revenue in Q2. That newest WeChat MAU figure is up from 396 million in Q1; it’s risen from 236 million at the same period last year. Here’s a chart of every MAU figure for WeChat that the company has ever released:

http://www.techinasia.com/wechat-438-million-active-users-q2-2014/

China aims to rein in mobile messaging apps with new regulations

China is tightening control over mobile messaging services with new rules that limit their role in spreading news. The regulations will affect WeChat, a messaging service with close to 400 million active users that is one of China’s most popular apps. The rules specifically target so-called “public accounts” that users such as scholars, celebrities, and businesses can set up to reach a wide audience. Under the new regulations, only news agencies and other groups with official approval can publish whatever the government considers political news via public accounts. “All other public accounts that have not been approved cannot release or reprint political news,” the regulations said.

http://mis-asia.com/tech/industries/china-aims-to-rein-in-mobile-messaging-apps-with-new-regulations/

China tightens controls on Internet messaging apps

BEIJING: China is banning users of Internet messaging services from posting political reports without permission, and demanding they promise to “uphold the socialist system”, state media said on Thursday (Aug 7). China tightly controls the Internet, but its online population of 632 million has used messaging applications to push the boundaries of the ruling Communist party’s restrictions on free speech.

http://www.channelnewsasia.com/news/technology/china-tightens-controls/1301788.html

Line sends message to chat rivals with possible Tokyo listing

TOKYO, Aug 3 — A messaging app launched in the aftermath of Japan’s 2011 earthquake and tsunami, Line is moving towards a possible dual listing in Tokyo and New York as it jostles for space in an increasingly crowded and imaginative market. Combining instant messaging with shopping, gaming and other features such as letting users send each other cute cartoon “stickers”, Line is hugely popular in Japan, particularly among teenagers.

http://www.themalaymailonline.com/tech-gadgets/article/line-sends-message-to-chat-rivals-with-possible-tokyo-listing

Line launches ‘hidden chat’ to do what Facebook couldn’t – kill Snapchat

Line users who obsessively update the app noticed a new treat today – a Snapchat-like function called hidden chat. Hidden chat can be chosen from the same drop down menu as video chat or phone call. Currently only available for one-on-one chats, the feature allows users to engage in a private conversation that will be deleted. Each message will be visible for up to one minute and the exact time is adjustable by the user. Text, stickers, and photos are all covered. Video files, however, cannot be sent via hidden chat.

http://www.techinasia.com/line-hidden-chat-snapchat-killer/

Hike grabs no. 1 spot from WhatsApp on Google Play, iOS App Store in India

Free messaging app Hike, the Indian answer to WhatsApp, Line, and WeChat, has reached the number one spot on the Google Play Store in India, toppling WhatsApp and Facebook. It had also grabbed the top spot on the iOS App Store last week, and is now number three on Windows Marketplace as well. “Again, ahead of WhatsApp,” points out Kavin Bharti Mittal, who directs strategy at Hike.

http://www.techinasia.com/hike-app-beats-whatsapp-google-play-ios-india/