[Tech In Asia] Line dives head first into payments, taxi hailing, and on-demand food delivery

Takeshi Idezawa, COO of Line, kicked off his presentation at Line Conference Tokyo 2014 today with a simple message. “The keyword of our future is ‘life’. Line is the smartphone gateway for your life.” Line’s push to bridge the gap between its users’ online and offline lives is crystallized in a bold new offering – Line Pay. 

Line Pay works like most next-generation payment applications. Items can be purchased on mobile or PC. It also has a personal aspect – users can transfer cash to each other without needing bank account information. ... 

Idezawa also announced Line Taxi, a taxi-hailing service hooked up to Line Pay. Users can call a taxi using that taxi’s official Line account. With GPS, they can call the cab to their specific location and see the waiting time. ... 

Finally, Line Pay will also tie up with Line Wow, a delivery service. Via a joint venture with Woowa Brothers, Line is stepping into the delivery logistics game starting this autumn. ...

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Tech In Asia 10/9/2014 [en]

memo

• LINE also announced other new services such as music streaming and joint venture with Gree and CyberAgent for mobile games respectively. LINE is becoming to more focus on generating money utilizing its 170 million active users.