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53% of LINE's $101 million Q2 2013 income generated by games

Total growth up 67% quarter-on-quarter
53% of LINE's $101 million Q2 2013 income generated by games

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]