The power of mobile messaging networks like Kakao and LINE isn't just their massive reach.
Because they also act as monetisation platforms, they take a cut of any revenue that happens within them.
Kakao recently announced that it generated $311 million in gross revenues during the first half of 2013, and now we can see how LINE measures up.
On the up
The now 200 million-strong platform announced that it generated $101 million (¥97.7 billion) in revenue in Q2 (April to June 2013).
This was up 67 percent quarter-on-quarter.
Of this revenue, 53 percent came from game in-app purchases, with 27 percent from sticker packs.
[source: TechInAsia]
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A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
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