
<p>TOKYO (Reuters) - Japan's Line Corp, creator of the fast growing social messaging app Line, may choose an overseas exchange for an expected IPO next year, banking sources with knowledge of the matter said, within months of a high profile listing by Twitter.</p><p>One of the sources, who spoke on condition of anonymity, said the offering could value Line, a subsidiary of South Korea's Naver Corp, at around $10 billion.</p><p>The Line app was developed by employees at Naver's Japanese subsidiary who were forced to turn to the Internet to contact each other after the massive earthquake and tsunami in March 2011 that disrupted phone lines across the country.</p><p>Line is considering listing its shares either in Tokyo or in New York or Hong Kong, the sources told Reuters on Friday, adding that a dual listing was also a possibility.</p><p><a href="http://www.reuters.com/article/2013/10/25/us-linecorp-ipo-overseas-idUSBRE99O0AP20131025">Keep reading...</a></p><p>Read also:</p><p><a href="http://allthingsd.com/20131025/asia-messaging-app-line-weighs-ipo/">Asia Messaging App Line Weighs IPO</a> (AllThingsD)</p><p><a href="http://techcrunch.com/2013/10/24/messaging-app-line-to-go-public-in-2014-on-the-tokyo-exchange-report-says/">Messaging App Line To Go Public In 2014 On The Tokyo Exchange, Report Says</a> (TechCrunch)</p><p><a href="http://thenextweb.com/asia/2013/10/25/messaging-company-line-denies-it-is-planning-an-ipo-which-probably-means-it-is-planning-an-ipo/">Line Denies Reports of an Imminent IPO</a> (The Next Web)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d3ADNXtDwDtrP9MH-7U56SWUq89sM&ned=us">9 additional articles.</a></p>