Last week, chat app Line announced that it passed the 300 million download milestone for its gaming platform Line Game. That’s a huge achievement considering it is under two years old, launching just in July 2012.
If its good enough for Facbook...
Chinese online retail giant Alibaba has jumped into the messaging market with a $215 million investment in Tango, a four-year-old messaging and social-networking app.
Part of a total fundraising round of $280 million, the investment provides Tango with capital to compete in the increasingly high-stakes competition between messaging apps that has blossomed outside the U.S.