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LINE (LN) Credit Losses Provision


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What is LINE Credit Losses Provision?

Credit Losses Provision only applies to banks.


LINE (LN) Business Description

Traded in Other Exchanges
N/A
Address
JR Shinjuku Miraina Tower, 4-1-6 Shinjuku, 23rd Floor, Shinjuku-ku, Tokyo, JPN, 160-0022
Line is the leading mobile messaging app in Japan, Taiwan, and Thailand, and also has a strong following in Indonesia. As at the end of 2018, the company had 166 million monthly active users in four major countries, and in particular, it had established a dominant position in Japan, Taiwan, and Thailand. The company is focusing on adding new applications and advertising services to increase monetization, in order to leverage its established user base. Approximately 72% of revenue is from the domestic market.