Messaging app Line to make trading debut in Tokyo, New York

Messaging app Line said Friday it will make its stock market debut in Tokyo and New York next month, in a bid to expand beyond its popularity among smartphone users in Asia. The Japan-based firm won regulatory approval for the sale -- likely to be among the biggest IPOs this year -- with the dual listing expected to raise as much as 113 billion yen ($1.05 billion), including an option to sell more shares if demand is strong. The deal would value Line at about $5.5 billion, and was described by B