M&A Deal Summary

LINE Acquires TemanJalan

On November 23, 2017, LINE acquired internet software and services company TemanJalan

Acquisition Highlights
  • This is LINE’s 4th transaction in the Internet Software and Services sector.
  • This is LINE’s 1st transaction in Indonesia.

M&A Deal Summary

Date 2017-11-23
Target TemanJalan
Sector Internet Software and Services
Buyer(s) LINE
Deal Type Add-on Acquisition

Target

TemanJalan

Depok, Indonesia
TemanJalan is a chatbot based carpooling platform. TemanJalan was established in 2015 and is based in Depok, Indonesia.

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Buyer(S) 1

Buyer

LINE

Tokyo, Japan

Category Company
Founded 2000
Sector Internet Software and Services
Employees3,085
Revenue 227.5B JPY (2019)
DESCRIPTION

LINE is a communication application that offers instant messages, voice calls, and video calls on smartphones. LINE was founded in 2000 and is based in Tokyo, Japan.


DEAL STATS #
Overall 6 of 7
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Indonesia M&A 1 of 1
Year: 2017 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 DGM59 Co.

Bangkok, Thailand

DGM is a product company that innovates new ways to connect and interact between brands and customers. Company are a team of dreamers, coders, engineers and designers with a greatly diverse set of skills, working together to bring new standards to the industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Five

Tokyo, Japan

Five Corp. is a developer, seller, and operator of a video ad platform for smartphones. A video ad network specializing in performance-based ads, this service maximizes marketing ROI by bringing the largest scale of user reach in Japan together with its unique creative service.

Buy -