LINE messaging app that sells EMOJIS worth $9,000,000,000 ..and they consider this a tech com

[S2007S]

Yep a messaging app is now a publicly traded company...yes an app....a texting app where you can buy stickers and play games is worth $9,000,000,000.....

$9,000,000,000....yes that's with a B if anyone has a problem figuring how many zeros there are in that number.....

And this is the largest tech ipo of 2016....

How they consider this a tech ipo is beyond me...

http://www.cnbc.com/2016/07/14/japa...ns-at-42-in-largest-tech-ipo-of-the-year.html

 

[Baron]

"Stickers are a main source of revenue, contributing to more than $270 million in sales. "Stick packs" cost between $2 to $3 for a set of one or two dozen."

What a crazy business model. I'm still trying to wrap my head around on how goofy the whole thing is.

 

[Baron]

Hey, maybe Twitter should start selling stickers. It could be their saving grace.

 

[speedo]

This time it's different.

 

[Cswim63]

.

 

[Rationalize]

50 million cute asian girls txting eachother can't be wrong.

 

[TradeCat]

Old investors won't get it. The world has changed and so has the business of making money.

 

[Amalgam]

innovashun

 

[syswizard]

Bubble, bubble...toil and trouble.

 

[Baron]