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Japanese chat app operator Line Corp soars in New York debut

Japanese chat app operator Line Corp soars in New York debut

NYSE president Tom Farley (R) congratulates Japan's Line Corp. CFO In Joon Hwang (2nd L) and Chief Global Officer and co-founder Jungho Shin (middle) and Chief Strategy and Marketing Officer Jun Masuda (2nd R) after ringing the opening bell to celebrate the company's IPO at the New York Stock Exchange (NYSE) in New York City, New York, U.S. July 14, 2016. REUTERS/Brendan McDermid

Sruthi Shankar

14 July, 2016

Shares of Japanese messaging app operator Line Corp soared as much as 36 percent in their U.S. market debut on Thursday, valuing the high-profile tech startup at $9.34 billion in the biggest tech IPO this year.

American Depository Shares (ADSs)chat appIPOJapaneseLine Corp.

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