Japanese mobile app Line, a competitor of WhatsApp and one of the leaders in the industry for short messages online , is considering the implementation of an IPO (Initial public offering - IPO) in the fall. In carrying out its IPO in Tokyo company could be valued at over $ 1 trillion . Japanese yen ( approximately 7.2 billion), reported The Wall Street Journal.

Already quite popular messaging application that is available in some European online stores for applications, such as the Apple or Google, there are over 400 million users, of which 175 million are active users per month, analysts at BNP Paribas. U.S. concern Whatsapp has about 500 million monthly active users , and much smaller is Asian competitors from Korea - Kakao, has 140 million users.

What separates Line from its competitors so far is the fact that it has succeeded reported better results . Last year - in its second full year of existence , the company generated sales of 51.8 billion yen ( 505.8 million dollars). In comparison, sales of WhatsApp were $ 20 million .