Japan's Line to list shares

Japan's Line to list shares in Tokyo and New York

It is looking to raise more than $900m (£624m) from investors, which would value the firm at more than $5bn.

The listing, planned for July, could make it the world's biggest technology initial public offering this year.

Line is looking to raise funds to expand into the US and help it compete with rivals such as Facebook Messenger, WhatsApp and China's WeChat.

The app first made its debut in 2011 and is the most popular messaging service in Japan, Thailand and Taiwan.